Mass. Making New Push To Add To Housing Stock
BOSTON — Gov. Deval Patrick is unveiling new initiatives that he says will help create an additional 10,000 multi-family units of housing in Massachusetts each year.
Patrick said one of the initiatives is designed to provide financial incentives to cities and towns that plan to build residential housing near public transportation and town centers.
The administration also announced progress in finding affordable housing for homeless veterans. Lt. Gov. Timothy Murray said there’s been a 21 percent decline in the number of homeless veterans in Massachusetts over the past year.
Patrick said the administration has also made what he called significant investments in the commonwealth’s public housing stock.
Patrick said the state has preserved and improved 46,000 public housing units through increased capital funding, increased operating subsidies and changes in management.