Reports
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Affordable Homes Act
Year:
2023
Description:
The Affordable Homes Bill is the largest housing investment of its kind in Massachusetts history, designed to meet the moment and meaningfully impact the supply of housing in the state. Today, too many Massachusetts families are struggling under the burden of rising housing costs and limited housing availability. Across the state, the supply of housing has failed to keep up with demand. Between 2020 and 2030, the state needs at least 200,000 new homes to accommodate growth and achieve a healthy vacancy rate; currently only 1.6% of housing units are available for sale or rent.