The state of Massachusetts has recently announced the Affordable Homes Act, a comprehensive $4 billion initiative aimed at addressing housing issues. This groundbreaking investment represents the largest in Massachusetts’ history and is designed to tackle both housing affordability and climate goals.
With $4 billion in capital spending authorizations, 28 policy changes, three executive orders, and two targeted tax credits, this plan focuses on reducing barriers to housing production and preservation. It prioritizes providing affordable options for moderate- and low-income households.
Through this act, over 65,000 homes will be created statewide with a specific focus on building 22
