Description
The Executive Office of Housing and Livable Communities (EOHLC) is soliciting project proposals for the Commercial Conversion Tax Credit Initiative (CCTCI), a program aimed at supporting the repurposing of commercial buildings as residential and/or mixed-use properties. The program will allocate $10 million in tax credits to eligible projects. To be eligible, projects must meet certain criteria, including being located in Massachusetts, having a minimum of two residential units, and containing at least 80% market-rate residential units. The application process involves a two-step process, with a pre-application due by March 3, 2026, and a full application due by April 2, 2026.
• The program is open to for-profit and non-profit developers.
• Projects must be located in Massachusetts.
• The program will give preference to projects with more than 50 total residential units upon conversion.
• The program will also give preference to projects with a mix of bedroom types, including bedroom types suitable for families.
• The program encourages sustainable design and local contributions.
• The program has a competitive allocation process, with awards made based on the eligibility and preference criteria outlined in the NOFA.
Attached files
Contact
Samantha Graves