Massachusetts Governor Healey Announces Record $330 Million for Economic Development and Housing Projects
Governor Maura Healey has announced the allocation of $330 million for 403 local economic development and housing projects across 207 communities in Massachusetts through the Community One Stop for Growth program. This funding represents the largest amount ever issued in a single round since the program's inception five years ago. The initiative is projected to support the creation of over 27,000 new homes, more than 13,000 permanent jobs, and over 7 million square feet of new commercial development. Additionally, these awards are expected to unlock an estimated $24.6 billion in private investment. The Community One Stop for Growth, overseen by the Executive Office of Economic Development, serves as a centralized portal for municipalities and organizations to access state funding for projects aimed at housing creation, downtown revitalization, site preparation for development, construction, and overall local economic growth. The awards are distributed through 14 grant programs and will benefit every region...