HOUSING DEVELOPMENT INCENTIVE PROGRAM (HDIP)
FISCAL YEAR 2023 REPORT
Pursuant to General Laws Chapter 40V, Section 4, this report includes the Executive Office
of Housing and Livable Community’s (EOHLC) findings of its review of all certified housing
development projects evaluated in fiscal year 2023 (FY2023).
A. HDIP Projects Evaluated in FY2023 and Located in Municipalities with Approved
HD Zones
During FY2023 (July 1, 2022, through June 30, 2023), EOHLC evaluated HDIP projects in the
following municipality with approved HD zone(s):
Brockton
B. Project-Specific Information of HDIP Projects That Received Certification in
FY2023
For project-specific information, please refer to the attached spreadsheet.
 Housing Development Incentive Program
(HDIP)
FY23 Statutory Report
# of
Total # of Total # of Affordable Anticipated Anticipated
Market Affordable # of For-sale Total Qualified Fiscal Year in Calendar Year of
Projects That Received Total # Rate Units (60% Range of Studio # of one- # of two- # of three- Units (80% Project Which Credit Project
Certification in FY24 Location Site Address Project Sponsor of Units Units* AMI)** Rents Units*** bedrooms*** bedrooms*** bedrooms*** AMI) Expenditures Will be Issued Completion
1 46 Montello Brockton 46 Montello Geoffrey Anatole 54 54 0 $1,900-$2,400 0 34 20 0 0 $18,850,000 2026 2026
* At least 80% of total units must be market rate by statute
** Development of affordable units is not required by statute; affordable units typically are available to households earning at or less than 60% of AMI
*** Statute does not require certain number of bedrooms