The Affordable Homes Act is the largest housing bond bill in Massachusetts’ history, with wide-ranging impacts on housing affordability, climate readiness, equity, and economic growth.
The Massachusetts Executive Office of Housing and Livable Communities commissioned the institute to assess the bill’s potential economic outcomes. UMDI’s team of economists and researchers used an industry-standard economic modeling tool to estimate the direct, indirect, and induced economic activity associated with the act’s spending and policy proposals.