The House and Senate both unanimously approved a compromise $52.7 billion annual budget (H 5050) for the fiscal year 2023, which began on July 1st with an interim spending plan in place.
The bill proposes a $1.46 billion deposit to the state's Rainy Day fund, which would bring it to the balance of $7.35 billion. The bill includes $14 billion in federal reimbursements and other sources, with the total funds for the budget being $54.87 billion.
Housing News
July 14, 2022
Citizens’ Housing and Planning Association (CHAPA) is appalled by and condemns the hateful vandalism at The Pryde, a new inclusive development for LGBTQ+ seniors in the Hyde Park neighborhood of Boston. Residents must feel safe in their communities and this kind of hateful act meant to scare people away cannot be tolerated.
July 12, 2022
On July 11, the House Committee on Ways and Means released its Economic
July 12, 2022
On July 11, the House Committee on Ways and Means released its Economic Development Bill proposal (H.5007), originally filed by Governor Baker and reported out favorably by the Joint Committee on Economic Development and Joint Committee on Bonding. A summary of the housing related provisions in the bill is included below.
July 12, 2022
Maritza Crossen is the Director of Real Estate Services at CHAPA.
July 8, 2022
On July 7, the Department of Housing and Community Development (DHCD) posted a Notice of Funding Availability (NOFA) for an American Rescue Plan Act (ARPA) High Readiness Round. The NOFA can be viewed on COMMBUYS, the state's online procurement record system.
July 6, 2022
On July 5, the Joint Committee on Bonding advanced an Economic Development Bill (H.4977), originally filed by Governor Baker and reported out favorably by the Joint Committee on Economic Development. The Bonding Committee made minor changes to the bill and still contains the nearly $270 million in capital authorizations for affordable housing programs, a more than tripling of the Housing Development Incentive Program (HDIP), and reforms to increase housing authorities’ ability to rehabilitate and improve public housing.
June 21, 2022
Everyone in Massachusetts deserves the opportunity to live in a safe, healthy, and affordable home in the community they choose. By focusing on the production and preservation of affordable homes, equitable planning in all of our cities and towns, and prosperity of our neighbors and communities,
June 14, 2022
On June 13, the Joint Committee on Economic Development advanced an Economic Development Bill (H.4864), originally filed by Governor Baker. The committee stripped $2.3 billion in federal American Rescue Plan Act funds from the bill. However, the bill still contains nearly $270 million in capital authorizations for affordable housing programs, a tripling of the Housing Development Incentive Program (HDIP), and reforms to increase housing authorities’ ability to rehabilitate and improve public housing. The bill is now before the Joint Committee on Bonding.
June 13, 2022
The FY2023 state budget is now before a conference committee to reconcile the differences between the House and Senate budget proposals.
The members of conference committee are: