Governor Healey has announced a groundbreaking initiative to boost affordable housing in Massachusetts, unveiling nearly $200 million in tax credits aimed at creating approximately 1,300 new homes across 21 sites statewide. This significant investment is part of the Affordable Homes Act and reflects the administration's commitment to addressing the housing crisis.
During the announcement, Healey highlighted the importance of transit-oriented development, emphasizing projects like Waterfield Commons, which is strategically located next to a commuter rail. "You wake up next door to the place where you can get on a train and get into work," she noted, underscoring the project's accessibility and walkability.
The funding will impact communities from Ayr to Boston, including cities like Cambridge, Worcester, and New Bedford, ensuring that the benefits of this initiative reach diverse areas across the state. Healey expressed excitement about the potential of these developments to enhance local neighborhoods and provide much-needed housing options.
This announcement marks a pivotal step in Massachusetts' efforts to create affordable living spaces and support sustainable community growth, with the expectation that these new homes will help alleviate the housing shortage affecting many residents.