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Massachusetts officials celebrate HDIP awards, announce $27 million more for housing development

Office of the Governor · December 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Governor Maura Healey, Lieutenant Governor Kim Driscoll and Secretary Ed Augustus visited Lawrence to mark a local redevelopment that will create 24 rental homes and to announce an additional $27 million in Housing Development Incentive Program (HDIP) funding to support roughly 100 more units statewide.

Governor Maura Healey on Thursday visited Lawrence to highlight a downtown redevelopment and new state housing awards, saying the site "represents 24 new homes" and framing the effort as part of a broader push to expand housing across the Commonwealth.

Healey said the administration's expanded developer tax credits and the Housing Development Incentive Program (HDIP) are driving rapid housing production. "In our 1st year alone, we've gone from 200 units a year to 1,200 units in just 1 year," she said, and announced that the state is adding another $27,000,000 in HDIP funding to produce about 100 more homes.

Lieutenant Governor Kim Driscoll, who described the awards as targeted to "15 gateway cities," said the program will fund 1,256 new units across communities from Lawrence…

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