Healey Awarded $278 Million for State Housing

Massachusetts has secured major funding to create and preserve 2,500 homes across the state.

Updated on Sept. 29, 2026 in Philanthropy

Isometric editorial illustration showing a timber-framed residential building under construction, representing state housing development policy. — Governor Maura Healey announced a $278 million funding package to preserve and create 2,500 housing units across Massachusetts. AI Illustration. Upload story photo >

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Do you support increased state funding for affordable housing development in your local area?

Governor Maura Healey announced a $278 million state and federal funding package designed to address the housing crisis. The investment will result in the preservation and creation of 2,500 homes throughout Massachusetts.

Why it matters

These strategic investments are intended to expand housing inventory and lower costs for residents. By leveraging tax credits, the initiative aims to catalyze nearly $500 million in additional private equity for development.

The funding includes $154.7 million in direct subsidies, $61.8 million in state tax credits, and $61 million in federal credits. These awards are projected to generate nearly $500 million in private equity investment.

The players

Maura Healey

She is the Governor of Massachusetts who oversees state housing policy and funding initiatives.

The details

The capital supports projects across the state, including the preservation of 300 homes at the Chatham West I site and the creation of 54 new family units at Liberty on Legion in Brockton. The initiative was made possible through the Affordable Homes Act and a specialized tax package.

Governor Maura Healey announced the funding round in September 2026.

Market Landscape

This funding round represents a significant mobilization of public resources following the passage of the Affordable Homes Act. It signals a shift toward utilizing state-led tax packages to drive private capital into local residential markets.

Residents in Brockton and across the state may see increased housing options as these projects move toward development. The initiative aims to alleviate cost pressures by increasing the total supply of available homes.

The takeaway

This record-breaking investment highlights the state's reliance on public-private partnerships to solve infrastructure shortages. Homeowners and renters should monitor local development schedules to understand when new or rehabilitated units may enter the market.