An Act setting a housing production goal for the Commonwealth
This bill establishes a statewide goal for Massachusetts to produce 400,000 new housing units by 2040, including 80,000 affordable units for households earning under 80% of the Area Median Income (with specific targets of 20,000 for under 60% and 20,000 supportive housing units for under 30%). It requires the Secretary of Housing and Livable Communities to annually report to state legislators on progress toward these goals, including breakdowns by unit type (market-rate, accessible, senior, and affordability tiers). The reports must also track foreign property purchases and short-term rentals. This directly affects state housing agencies, local municipalities, and developers by setting measurable targets and mandating transparency.
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