EOHLC2026-63 HDIP 2026 NOFA

The Massachusetts Executive Office of Housing and Livable Communities (HLC) is issuing a Notice of Funding Availability for the Housing Development Incentive Program (HDIP). The program offers state‑issued tax‑credit awards to developers who build market‑rate (or mixed‑income) rental and homeownership housing in designated Gateway Cities, with a focus on family‑size units and green, climate‑resilient design. Eligibility requires an approved Housing Development zone and a Tax Increment Exemption agreement with the city. The competitive process includes two application windows in 2026, each with a four‑week full‑application period, and non‑refundable fees of $1,500 for both pre‑application and full application. Awards range from $2 million to $4 million in tax credits per project, subject to a $30 million annual credit authority plus a one‑time $57 million expansion. Successful applicants must demonstrate financial feasibility, design quality, and capacity to deliver the project. • Eligible developers must secure an approved HD zone and TIE agreement before full application. • Two competition windows: June 25‑July 24 2026 and November 23‑December 23 2026, with Q&A periods defined. • Funding is provided as tax credits (≈ $2‑$4 million typical per project) after a competitive review. • Non‑refundable application fees of $1,500 each; required documentation includes sustainability plans, M/WBE commitments, and city support letters.