This report, prepared jointly by the Center for Urban and Regional Policy and Northeastern University, CHAPA and The Boston Foundation, was developed in order to provide a clear and objective assessment of the progress Greater Boston is making toward providing housing opportunities for all its citizens. Most of the report covers 161 cities and towns in the Massachusetts portion of the Boston, Brockton, Lawrence, and Lowell Metropolitan Statistical Areas. One section is devoted exclusively to the Boston MSA in order to assess how well this region is doing at meeting the goal of producing 36,000 new housing units established in the 2000 report, A New Paradigm for Housing in Greater Boston, prepared by the Boston Archdiocese and the Greater Boston Chamber of Commerce. The Report Card also examines trends in housing prices and rents, the preservation of affordable housing, and Massachusetts funding levels for subsidized housing.