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State funds to bolster affordable housing in region
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Published: 7/18/2021 12:11:45 AM
AMHERST – The region will be getting 88 new affordable apartments in Amherst and South Hadley, and 37 existing apartments in Holyoke will be preserved, through a statewide infusion of $139 million in funding and tax credits announced by the Baker-Polito Administration last week.
“As Massachusetts continues to recover from the COVID-19 pandemic, it is important that we continue to prioritize new affordable housing development to help our most vulnerable families,” Gov. Charlie Baker said in a statement announcing the money.
The awards, through the Department of Housing and Community Development, with federal and state low-income housing tax credits and subsidy funds, will assist with the development of 1,526 new rental units across the state, including 1,346 rental units that are affordable for low- and extremely low-income households. ....

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