The governor's proposal includes $1.6 billion to renovate the state's aging and dilapidated public housing stock as well as tax breaks and other changes to boost affordable housing. It will need the Legislature's approval.
Gov. Maura Healey unveiled a $4.1 billion bond bill on Wednesday to jump-start the creation and renovation of affordable housing across Massachusetts.
“This is breaking the mold in terms of what we’re asking for,” said state Secretary of Housing Ed Augustus. “We think that’s what the moment demands. That’s what the housing crisis needs in order to move the needle."last month found nearly 2,300 units are unoccupied, including many that need repairs or major renovations.to reduce the number of vacancies in state public housing by the end of the year.
The bond bill also includes increases for other types of housing funds, including efforts to create and preserve affordable housing, environmentally-friendly homes and apartments for people experiencing homelessness or recovering from substance abuse. It sets aside new pots of money, such as $175 million for municipal infrastructure projects to encourage denser housing development.
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