On June 6, the Baker-Politio Administration released its FY2020 Capital Budget, including investments in affordable housing, community development, and early education programs. The capital investment plan includes a $90 million increase, or a 3.8% increase over FY2019.
According the plan, the Department of Housing and Community Development (DHCD) plans to support the production of more than 1,700 units of affordable housing in FY2020. The Capital Budget will fund competitive funding rounds for accessible unit creation, modernization projects that leverage non-DHCD funds, and another round of comprehensive modernization for elderly and disabled housing.
CLICK HERE for a document tracking capital spending for affordable housing, community development, and early education programs.