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Massachusetts announces housing awards creating about 1,350 homes; Pittsfield projects among recipients
Summary
Governor Healy and state housing officials announced two funding packages — a $140 million pool for 15 affordable rental projects and nearly $8.5 million in commercial-conversion tax credits — intended to produce roughly 1,350 homes statewide, including a 47-unit Linden Street project in Pittsfield.
Governor Maura Healy announced state awards in Pittsfield on Wednesday that officials said will support roughly 1,350 homes across Massachusetts, pairing traditional affordable housing subsidies with a new commercial-to-housing conversion tax credit.
"We're here to celebrate our partnership and announce new major investments to create reasonably priced homes for people across Massachusetts, including right here in Pittsfield," Governor Healy said. He described two funding "buckets": a $140,000,000 commitment across 15 projects to produce about 1,000 affordable rental units, and a second pool of tax credits for converting unused commercial space into housing.
Lieutenant Governor Kim Driscoll emphasized local impacts, saying production helps ensure communities have "the workforce and talent that you need" and provides jobs and economic activity around downtowns.…
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