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Workforce Housing
MassHousing has invested more than $100 million in its Workforce Housing fund, which supports the creation of multifamily housing that aims to address affordability for households with moderate incomes.
Program Highlights
- Supports housing with rents affordable to individuals and families with incomes below 120% of Area Median Income (AMI)
- Provides up to $100,000 of subsidy per workforce housing unit
- Leverages strategic opportunities to use state-owned land
- Complements, does not replace, traditional MassHousing debt financing
- Ensures workforce housing units are deed restricted as affordable
Eligible Projects
- Preference for new units; existing projects where unrestricted units become restricted or preservation of affordability is at risk will be considered
- 20% of units must be affordable for households earning at or below 80% of AMI
Terms may change and additional restrictions apply.