Affordable housing units coming to Springfield, Holyoke
The Baker-Polito Administration and MassHousing announce funds to help provide affordable housing in Springfield and Holyoke. The Neighborhood Stabilization Program Capital Grants awards $4.6 million to eight community-based organizations and municipalities to address neighborhood blight and create new homeownership opportunities across Massachusetts. The new program provides the funds to address blight, abandonment, and disinvestment in residential neighborhoods, by providing grants for the construction, reconstruction, renovation, or repair of substandard rental and homeownership properties.