State Representative Steve Ultrino (D-Malden) joined his colleagues in the House of Representatives this week to approve a major funding bill for building and maintaining public housing programs. The bill, H.4134, includes a record $600 million for public housing modernization and preservation, funding that could help upgrade and maintain existing public housing developments in Malden.
“Investing in public housing is a statement of inclusiveness and support in our community,” said Representative Ultrino. “This bill ensures that public housing can be properly maintained so that seniors, people with disabilities, and low-income residents can live here with dignity and continue to be a part of our community.”
The housing bond bill invests a total of $1.7 billion over several years into a number of public housing programs, including a home modification loan program that assists elderly or disabled homeowners make renovations that allow them to stay in their homes. The bill direct funds to local housing authorities to support existing public housing units, reauthorizes a tax credit for cleaning up polluted properties, and extends a state affordable housing tax credit that will help fill a void created by recent changes to federal tax law.
The bill passed the House 150–1 and now moves to the Senate.