Since being signed by Massachusetts Governor Maura Healey in 2024, the Affordable Homes Act has kickstarted development of over 90,000 units of housing in the Commonwealth, according to data from the U.S. Census Bureau.

Several initiatives under the Act have contributed to the housing supply:

• The Momentum Fund, introduced in the Act, leverages low-cost capital and partners with private developers to incentivize already permitted housing construction. So far, it’s financed over 460 units statewide.
• MBTA multifamily zoning changes prompted communities across Massachusetts to begin development of 5,200 housing units.
• EOHLC-funded projects and permits and approvals for accessory dwelling units will add thousands more homes to Massachusetts’ supply.

“The housing shortage takes away people’s power to choose where they want to live, which is why we’ve acted urgently to implement the Affordable Homes Act, build more housing and give choice back to renters and homebuyers,” said Secretary of Housing and Livable Communities Ed Augustus in a press release.