The goal of the Climate Ready Housing Program is to support projects that dramatically reduce carbon emissions. We seek to transform affordable housing to be super energy efficient, all-electric, powered by clean renewable energy, and renovated with low-embodied carbon materials. Such work prioritizes the health of residents through better ventilation and the removal of combustion appliances; reduces long-term operating costs; ensures building durability; improves resiliency; and positions affordable housing to comply with new carbon regulations that are already in place or anticipated in the future. MassHousing and Massachusetts Housing Partnership (MHP) are administering the program on behalf of the Massachusetts Department of Housing and Community Development (DHCD). MassHousing and MHP have engaged with LISC to further assist with program administration.'

Funding Overview:

Funds from the Commonwealth's Economic Development Bond Bill have been earmarked for sustainable and climate resilient affordable housing. Year One represents a $1.6 million investment that will be leveraged competitively to support 2-3 highly rated projects that represent achievable and replicable approaches to very low carbon emissions focused on existing building renovations, with new construction projects to be potentially included in future years. Year One funds are expected to be committed to projects in FY2022.