09/16/2026
Massachusetts Awards $15M for 856 New Homes
Massachusetts is making a significant move to address housing needs, awarding $15.3M in tax credits to support five projects that will convert vacant or underused commercial spaces into 856 new rental homes across the state. This latest round of funding brings new life to properties in Boston, Dedham, Springfield, Westford, and Worcester—transforming everything from historic office buildings to former retail and hotel sites. As someone who has spent years both building and selling homes, I know firsthand how revitalizing these types of properties can energize our neighborhoods and increase opportunities for new residents. In Springfield alone, four historic buildings are set for conversion, adding much-needed options to the local market. This initiative, now in its second round following an earlier $8.4M deployment for 339 homes, is a strong step toward meeting housing demand and boosting activity in our downtowns. It’s encouraging to see these investments taking shape, especially for first-time buyers and renters looking for more choices in Hampden County and beyond.