Massachusetts to Invest $5 Billion in Affordable Housing

Massachusetts Gov. Maura Healey has signed a $5.16 billion housing bond bill, which she said is the largest investment toward housing production in the state’s history. Dubbed the Affordable Homes Act, the bill is expected to help ease Massachusetts’ housing shortage by building and saving more than 65,000 homes across the state over the next five years. State officials have estimated that at least 200,000 new homes must be built by 2030 to keep up with demand. “The Affordable Homes Act creates homes for every kind of household, at every stage of life, and unlocks the potential in our neighborhoods,” the governor said on Tuesday, Aug. 6 at the bill-signing ceremony....