
Healey: HDIP Expansion Grew Gateway Cities Housing Pipeline by 600 Percent
Gov. Maura Healey took time out of her speech to the Greater Boston Chamber of Commerce Wednesday to tout her administration’s recent housing wins.
Gov. Maura Healey took time out of her speech to the Greater Boston Chamber of Commerce Wednesday to tout her administration’s recent housing wins.
The House came around on the idea of expanding a tax credit program designed to encourage much-needed housing production, just not in the legislative vehicle that Gov. Maura Healey and the Senate originally envisioned.
As Gov. Maura Healey and Lt. Gov. Kim Driscoll continue to make their case for expanding the Housing Development Incentive Program, the tax credit faces growing scrutiny over whether it does enough to help the neediest Bay Staters.
Real estate investors should pay special attention to downtown areas of Brockton, Fitchburg, Lowell, Lynn and Worcester, where overlapping HD zones and Opportunity Zones are within walking distance of commuter rail stations.