Direct subsidies, state and federal housing tax credits will support 27 projects in 20 communities across the state for low-income residents LOWELL – Today, the Healey-Driscoll Administration awarded $246 million in direct subsidies and state and federal housing tax credits to build and preserve nearly 1,600 affordable homes throughout Massachusetts. Governor Maura T. Healey, Lieutenant […]
Healey’s announcement of 27 project awards spread across 20 separate Massachusetts communities comes as the state stares down a veritable housing catastrophe, with some estimates saying the commonwealth needs more than 100,000 new units built just to meet current demand.