Today MassHousing launched the Planning for Housing Production Program, a $2 million multi-year grant program that will help cities and towns develop additional technical capacity to implement their 40B housing production goals and deliver new mixed-income housing.
December 21, 2017
December 19, 2017
Funding and state and federal tax credits will support creation of more than 500 rental units in Massachusetts, including 348 affordable units Today, the Baker-Polito Administration announced more than $20 million in subsidy funds, and allocated more than $15 million in State and Federal Low Income Housing Tax Credits (LIHTC) to support six new affordable housing projects in Massachusetts. The projects represents 511 new rental units, including 348 affordable units, with 55 reserved for extremely low-income residents, and families transitioning out of homelessness.
December 18, 2017
On December 21st, President Trump signed tax reform legislation into law. The final legislation preserves the Low Income Housing Tax Credit (LIHTC) as well as the tax exemption for private activity bonds. This means both the 9% and 4% housing credit will remain. The final bill also keeps the New Markets Tax Credit and Historic Tax Credit, both of which faced elimination under the original House tax reform proposal.
For Immediate Release: ‘The Future of Affordable Housing in Massachusetts Hangs in the Balance’ of Federal Tax Bill Reconciliation, Say Housing Advocates at CHAPA
December 13, 2017
BOSTON — Citizens’ Housing and Planning Association (CHAPA), the leading statewide housing policy organization in Massachusetts, issued the following statement on the tax bill currently in a congressional conference committee. Conference committee members must reconcile differences between the House and Senate versions of the bill.
December 12, 2017
Congressional leaders and a conference committee are working to resolve the differences between the House- and Senate-passed versions of tax reform legislation. A final bill is expected to go before each chamber for a vote next week before Congress adjourns for the Christmas break. CHAPA delivered a letter to the conference committee and the members of the Massachusetts Congressional Delegation outlining our strong concerns about how the tax reform legislation could devastate affordable housing and undermine community development efforts.
December 11, 2017
Today, the Baker-Polito Administration announced the new Housing Choice Initiative to increase housing production across the Commonwealth. The Administration’s Housing Choice Initiative creates a new system of incentives and rewards for municipalities that deliver sustainable housing growth; creates a new technical assistance toolbox, to empower cities and towns to plan for new housing pr
Housing Announcement on Monday with Governor Charlie Baker, Lt. Governor Karyn Polito, and Undersecretary Chrystal Kornegay
December 8, 2017
You are cordially invited to join Governor Charlie Baker, Lt. Governor Karyn Polito, and Undersecretary Chrystal Kornegay for an announcement relative to housing production on Monday, December 11, 2017 at 2:30 PM at the Roxbury Tenants of Harvard Community Center, 20A Vining Street, Boston, MA. The venue is accessible by the Green Line E Train and several bus routes.
December 6, 2017
Read CHAPA's December Housing Briefs for state and federal housing updates and recent research.
CHAPA CALL TO ACTION! Contact Congress to Protect Affordable Housing & Community Development in Tax Reform
December 6, 2017
Last week, the Senate passed its tax reform plan. The Senate version of the bill retains the Low-Income Housing Tax Credit (LIHTC); tax exemption for private activity bonds, which would preserve the 4% LIHTC; and retains the New Markets Tax Credit and Historic Tax Credit. The next step is for the House and Senate to appoint a conference committee to reconcile the differences between their bills.
December 6, 2017
On December 6, DHCD announced that it has posted its Draft 2018 Qualified Allocation Plan, describing selection criteria for affordable rental projects seeking Low Income Housing Tax Credits and/or other state resources. DHCD will hold a public hearing on the draft on Friday, December 22, 2017 at 10:00 a.m.