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56,078 units statewide

56,078 units statewide. 17,337 units MAPC region. Who we are. Massachusetts Housing Partnership (MHP) is a quasi-public agency created by state statute in 1985. Increase the supply of affordable housing in the state

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56,078 units statewide

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  1. 56,078 units statewide

  2. 17,337 units MAPC region

  3. Who we are Massachusetts Housing Partnership (MHP) is a quasi-public agency created by state statute in 1985 • Increase the supply of affordable housing in the state • Work with municipalities to demonstrate new and better ways of meeting our affordable housing needs

  4. What we do • Community Assistance team • Permanent financing for affordable rental housing • ONE Mortgage program • Research on housing data to support policy efforts

  5. We are allowing less housing

  6. Home prices have surged

  7. Rents are high State data from U.S. Census Bureau, 2015 ACS; Metro data from apartmentlist.com, National Rent Report, May 2017

  8. Other metros are producing more Other metros are producing more

  9. Production not aligned with regional transit investments

  10. Median density of less than 6 unit/acre within 0.25 miles of commuter rail stations

  11. Cost burden is high in Massachusetts Extremely Low Income Very Low Income Low Income Near Median Income Above Median Income Source: CHAS/HUD, 2010-2014

  12. Leader in homes for ELI households Source: National Low Income Housing Coalition, 2018

  13. But it still isn’t enough… 223,845 Low income renter households with severe housing cost burden 7,066 Restricted affordable units produced in the past 5 years MHP analysis of DHCD and U.S. Census Bureau data

  14. www.mhp.net/datatown

  15. www.housingtoolbox.org • Assessing needs • Local tools (NEW) • Local support • Zoning and land use • Fair housing • Housing development process • Financing and funding • Case studies & best practices (NEW) • Resources

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