Construction sites are busy raising buildings on a tight timeline. As one housing block is finished, space is cleared somewhere else to build another one in the city. The large apartment buildings are less likely built in the surrounding suburbs. A number of large multi-plex developments come online in the suburbs but at a slower pace than they are in the City of Boston.
And there is a turnover. Thousands of income-restricted apartments will have tenants coming and going – moving laterally, or into units from Wait Lists and other social service placements. The Massachusetts Affordable Housing Stock is a mix of new and old units. There were 3,733 new housing units built in Boston in 2018 as part of Mayor Walsh’s Housing plan to build 69,000 new housing units by 2030. But 60,000 people are on affordable housing Wait Lists around the state, and most wage earners are eligible for the units.
Affordable rent rates are fixed by government policy. Large households are charged more than singles can pay for the same unit. When you are examining the lottery opportunities, pay particular attention to the AMI Percentage tag. The AMI number determines the unit rent rate.
You can contact us with affordable housing questions and receive all the official housing lottery applications in SMS text messages – the fastest way to compete in the affordable housing lottery. You’ll learn tactics such as how to get your paperwork digitized by the proper authorities and auto-matched to rental opening that fit your profile so that you don’t have to submit new paperwork every time.
We supply information and the applications to help you get an affordable housing deal in Massachusetts.
Massachusetts has 351 cities and towns. Most offer affordable housing options via a matrix of public, quasi-public, Federal, State, Non-profit and Commercial entities. Opportunities are coming and going every day.
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April 2019 – Boston Mayor Martin Walsh releases 1,000 new Section 8 rental housing vouchers to support those who suffer from chronic homelessness. The vouchers will be issued by the Boston Housing Authority through four programs that assist homeless individuals: Coordinated Access System referral program, the Rapid Rehousing program, the Moving On program and the Leading the Way Home Program. Section 8 vouchers allow individuals and families with low incomes to only spend about 30 percent of their income on rent and utilities, with the voucher covering the rest of costs.
Boston Section 8
The Boston Housing Authority administers a Section 8 program. view web site
Housing eligibility varies by Public Housing or Section 8/Leased Housing programs. BHA staff evaluate each individual application and make an eligibility decision. Here are some general guidelines that BHA uses to assess your eligibility.
Massachusetts Section 8
Section 8housing choice voucher program is the federal government’s major program for assisting very low-income families, the elderly, and the disabled to afford decent, safe, and sanitary housing in the private market. The Massachusetts Section 8 Housing Choice Voucher Program Centralized Waiting List feeds Ninety-Nine (99) Massachusetts housing authorities who use this one computerized list. All applicant information entered onto this list can be accessed and updated by any and all participating housing authorities. View the Centralized Listwebsite for Section 8 applications and information. The Massachusetts Centralized Section 8 Waiting List will remain open indefinitely. The Waiting List is updated at least every two (2) years.
Most private companies won’t air their financial laundry in public. But the Government will and they have.
The diversity supplier marketplace exists for two reasons. 1) government regulations. 2) the marketplace demands diversity.
The Massachusetts state Supplier Diversity Office recorded $991,590,145 in total Commonwealth spending attributed to its Supplier Diversity Office targeted minority business sector in FY2014 ( certified as MBEs, WBEs and SBPP goods, services and construction.)
Minority MBEs ( minority business enterprises ) sold $247,150,817 to the state. An amount of $574,818,148 was sold by Women Business Enterprise (WBE) to the state. Another $16,263,222 went to MBE’s in direct construction related contracts from state buyers and $12,411,914 went to WBEs or white women owned companies in direct construction related contracts from state buyers.
Boston Mayor Walsh has hired a Diversity Chief to oversee where his tight $2.2B a year is going.
Firms owned by white women who apply for the state WBE SDO designation are being classified as certified WBE minority enterprises when approved. Other minorities are given MBE or M/WBE status.
The Massachusetts Gaming Commission licensed vendor designation is a new group classifications for a business because the state has never had licensed casinos before. In the beginning, this new industry segment is pumping a collective $250 million per year into minority-owned firms.
You won’t be able to do much business with a casino in Massachusetts unless you get a license as a vendor from the gaming commissioners.
The Boston MBDA Minority Business Development Agency has helped position minority companies with large federal source awards.
Early Morning Software has a DBE activity monitoring software product it sells to corporate and government procurement departments. $36 Billion annually is the US market size for diversity spend by these corporations that have to track it.
When the local MBTA agency buys product from a vendor, anything over $25,000 is bidded out but when its less, they choose to buy from vendors in the system. Companies should be certified DBE ( over $1 mil a year in sales ) to get the big bucks from the T.
The KEOLIS transportation company runs locomotives over Massachusetts commuter rail lines. Its Manager of Purchasing and Materials in concert with the KEOLIS Director of DBE,EEO and Diversity intends to award 17% of its annual direct spend to the best minority DBE,WBE,MBE and SDVOB certified suppliers it can source if the incumbent purchasing managers release their grip on controls they hold close due to the hostile takeover by KEOLIS.
The Diversity SmartTrack online Massachusetts web site tracks 14,000 purchase orders flowing to and from buyers to minority vendors.
The City of Boston’s Economic Chief John Barros is working on splitting up a $1.8 billion capital budget for contract procurement into smaller sizes in the $100K range so that smaller companies have a better chance on winning some awards. The city’s total budget is over $20 billion dollars.
The Massachusetts Gaming Commission publicizes these diversity spend numbers:
Penn National Gaming is opening a slots casino in Massachusetts and MGM is opening a casino in Springfield Massachusetts. MGM set a goal of $50 million per year budgeted for minority businesses. Penn will be spending millions on minority businesses too.
WYNN is opening a casino near Boston Massachusetts. A DBE goal of 15% and up to $120 million per year has been set by Wynn for doing business with minorities.
The money casinos bring to the table are in addition to the ambitious goals for minority business inclusion regional institutions such as the Boston Red Sox, Harvard University, Blue Cross Blue Shield, Raytheon, Bank of America and others have been working with for quite some time.
The Boston Minority Business Market size is sharply up over years past. It probably has surpassed minority spending levels the Big Dig Tunnel era claimed.