State Dollars Prime the Pump for Housing
HDIP tax credits have financed over 2,700 new homes since 2023, alone. So why do some progressives and free-market conservatives alike have a beef with them?
HDIP tax credits have financed over 2,700 new homes since 2023, alone. So why do some progressives and free-market conservatives alike have a beef with them?
As Gov. Maura Healey and lawmakers celebrated what they called “historic” housing legislation getting signed into law Tuesday, some of the advocates credited with influencing the bill say it is “underwhelming.”
Efforts like Gov. Charlie Baker’s Housing Choice bill – which would amend state law to make it easier for local zoning boards to approve certain categories of housing – may assist in the creation of more market-rate housing in some communities. But it would not address the dire shortage of affordable housing units among the state’s poorest residents.