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Baker-Polito Administration Announces $20 Million for Supportive Affordable Housing - March 29, 2017
Submitted by admin on Wed, 03/29/2017 - 10:54am
The Baker-Polito Administration announced a total of $20 million in awards to seven affordable housing projects in Massachusetts, to support the creation and preservation of 177 supportive housing units for homeless families and individuals, veterans, the elderly and individuals with disabilities. The awarded projects will provide affordable rental housing to extremely low-income families and individuals, and provide wraparound services to residents.
Funding for these projects includes $3.1 million from the National Housing Trust Fund (HTF), a newly-authorized federal program that supports the development of affordable housing for low-income individuals and families that include supportive services. The Department of Housing and Community Development (DHCD) is supporting the awarded projects through $14.9 million in state affordable housing subsidies, and 100 project-based Massachusetts Rental Voucher Program (MRVP) vouchers. DHCD also allocated approximately $2 million in state and federal Low-Income Housing Tax Credits (LIHTC) to the projects.
“The challenges presented by homelessness and housing instability to families and individuals are significant,” said Undersecretary of Housing and Community Development Chrystal Kornegay. “Supportive services allow us to meet families and individuals where they are, providing assistance in a holistic manner to tackle the issues that stand between residents and long-term stability.”
2017 Supportive Housing Awards: