"The Healey-Driscoll administration announced today (06/22/23) a new five-year, $14 billion capital investment plan that includes more than $1.5 billion in housing-related spending and a new program to incentivize the creation of more affordable housing.The administration’s plan, covering fiscal years 2024 through 2028, includes $97 million a year for the new HousingWorks program, which aims to encourage the production of 200 to 300 units of affordable housing each year. In addition, the spending plan also includes $90 million annually for housing acquisition, development and rehabilitation, and $120 million a year to preserve the state’s more than 43,000 units of public housing.Besides housing, the spending plan focuses on advancing climate and economic development goals, and administration officials said it will help preserve and modernize the state’s infrastructure, invest in cities and towns, and make government more effective."
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The Governor's official press release ->
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| Healey-Driscoll administration releases "$14 Billion Capital Investment Plan for Fiscal Years 2024-2028" |
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