Budget watchdog: Investments in Affordable Homes Act not as much as you think
The Affordable Homes Act, touted as the largest housing bond bill in state history, will invest only about 40% of its total $5.16 billion into actual housing, according to a new report by the Massachusetts Budget and Policy Center.
The act, which is more than double the size of the previous housing bond bill passed in 2018, promises to produce more housing in the state, improve existing housing stock and introduce new policies to encourage housing production.