Mitigating Housing Risks in Boston with Smart Tech

GrantID: 73748

Grant Funding Amount Low: $100,000

Deadline: Ongoing

Grant Amount High: $500,000

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Summary

Those working in Non-Profit Support Services and located in Massachusetts may meet the eligibility criteria for this grant. To browse other funding opportunities suited to your focus areas, visit The Grant Portal and try the Search Grant tool.

Explore related grant categories to find additional funding opportunities aligned with this program:

Community Development & Services grants, Housing grants, Non-Profit Support Services grants, Veterans grants.

Grant Overview

Massachusetts faces a unique challenge in addressing the housing needs of its low-income residents, particularly in the Boston area where housing costs are among the highest in the nation. With over 140,000 households spending more than half their income on housing, the demand for affordable housing solutions is critical. The state's housing stock is aging, with many units in need of renovation or replacement. Tech-enabled housing solutions can help address these challenges by providing innovative and cost-effective approaches to housing development and management. Unlike neighboring Rhode Island, Massachusetts requires a comprehensive energy efficiency plan as part of any housing development proposal. Massachusetts' 40R smart growth zoning law provides a framework for compact, walkable housing near transit hubs, making it an ideal location for tech-enabled housing projects. The state's housing authority has identified key areas for investment, including the development of new housing units with smart home technologies that can help reduce energy consumption and lower utility costs for low-income households. Who Should Apply in Massachusetts? Nonprofit developers, for-profit developers, and local housing authorities are eligible to apply for funding under this initiative. Applicants must demonstrate experience with affordable housing development and a commitment to incorporating tech-enabled solutions into their projects. Massachusetts is prioritizing projects that incorporate smart home technologies, such as energy management systems and automated accessibility features. The state's Department of Housing and Community Development has established a set of guidelines for applicants, including requirements for energy efficiency and tenant engagement. By supporting tech-enabled housing solutions, Massachusetts aims to create more affordable, sustainable, and livable housing options for its residents. The state's unique approach to housing development, which emphasizes smart growth and energy efficiency, sets it apart from other states in the region. With a focus on Boston and other urban areas, this initiative has the potential to make a significant impact on the state's housing landscape. Massachusetts' housing market is characterized by high demand and limited supply, making it essential to prioritize innovative solutions that can help address the state's housing needs.

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