In Springfield, Governor Healey Highlights Investments in Economic and Housing Development for Western Mass
Governor today unveiled $4 billion Affordable Homes Act to unlock the production, preservation and rehabilitation of 65,000 homes
SPRINGFIELD – Today, at the Western Mass Developers Conference, Governor Maura T. Healey highlighted her administration’s efforts to invest in economic development in Western Mass, particularly through the $4 billion Affordable Homes Act that the Governor unveiled this morning. The package is the largest housing investment in state history and will spur the creation of 45,000 new homes while preserving and rehabilitating tens of thousands more.
“From day one, Lieutenant Governor Driscoll and I have been committed to building an administration that supports the economic development and success of every region in Massachusetts, including Western Mass. That’s why we hired the first ever Rural Affairs Director, moved quickly to secure millions of dollars in relief funding for farms devastated by flooding, and secured more than $100 million in federal funding to lay the foundation for West-East Rail,” said Governor Healey. “It’s also why we’ve been laser focused on making housing more affordable, which we know is a top concern here in Western Massachusetts. Today we were proud to unveil our $4 billion Affordable Homes Act, which will unlock funding and give communities the tools we need to build more housing and lower costs for all.”
“Western Mass is home to incredible economic development organizations and professionals who are critical partners in our work to support strong, growing communities across the state,” said Lieutenant Governor Kim Driscoll. “Our administration is committed to continuing to deliver results for Western Mass, from our Affordable Homes Act, to the sweeping tax cuts package recently signed by Governor Healey, to our efforts to build West-East Rail, and beyond.”
“Our administration is building an economy that works for everyone, in every region of our state, including Western Mass,” said Secretary of Economic Development Yvonne Hao. “We are grateful to the Western Mass EDC and the many economic development professionals in the region who serve as our partners and boots on the ground in providing valuable insight into the challenges and opportunities faced by our local and regional economies.”
The Western Mass Developers Conference is held every other year to connect business leaders, developers, real-estate professionals, site selectors, economic-development professionals, and public officials from Western Mass and across the Northeast. The Developers Conference is an opportunity for businesses, developers, economic-development officials, and other leaders to connect, learn, and invest in Western Mass.
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