BOSTON — Less than a week after her State of the Commonwealth address in which she vowed to tackle rising housing costs, Governor Maura Healey today committed resources to support the production and preservation of more than 1,900 housing units in 19 communities across the state.
Gov. Healey, Lt. Gov. Kim Driscoll and Secretary of Housing and Livable Communities Ed Augustus joined state Sen. Liz Miranda and state Representative Samantha Montaño in Jamaica Plain to celebrate the Blessed Sacrament Church historic adaptive reuse project and to announce subsidies and Low-Income Housing Tax Credit (LIHTC) support for several affordable housing projects across the state.
“These housing projects are a great example of why we expanded the Low-Income Housing Tax Credit in our tax cuts bill,” said Governor Healey. “From a church transformed into mixed-use mixed-income housing in Boston to the re-use of a vacant nursing home as affordable rental housing in Northampton, these funds will make it possible for thousands of Massachusetts residents to afford a home. We look forward to continuing to work to pass the Affordable Homes Act this year to create much-needed housing across all income levels in the state.”
Last fall, as part of a $1 billion tax relief signed by the governor, the Administration raised the Low-Income Housing Tax Credit to $60 million annually – a $20 million increase over the previous year.
“We are expanding housing opportunities so more people can live, work and stay in Massachusetts,” said Lieutenant Governor Driscoll. “This is just one piece of the Healey-Driscoll Administration’s strategy to increase our housing supply and lower costs for hard-working Massachusetts residents.”
The projects include POAH's Sacred Heart in Cambridge and Residences at Lawrence Hill in Wellfleet.
Aaron Gornstein, President and CEO, Preservation of Affordable Housing:
“We are grateful to the Healey-Driscoll Administration for tackling the housing crisis head-on by expanding affordable housing production and preservation across the state. This vital funding, along with strong local support, will provide new rental homes for nearly 100 low- and moderate-income families in Cambridge and Wellfleet while advancing the Governor’s goals of addressing climate change and creating new jobs.”