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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.
Housing

funding levels adjusted for inflation (cpi)

  • Funding History
Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$1,007,069,282$1,007,069,282
FY23 Current$954,990,418$900,119,799
FY22$713,911,564$644,988,918
FY21$833,679,474$702,845,003
FY20$614,669,109$506,609,046
FY19$636,361,377$516,327,336
FY18$578,603,749$459,929,252
FY17$584,896,100$454,737,259
FY16$633,043,049$483,180,756
FY15$562,506,782$426,508,927
FY14$601,388,647$452,750,748
FY13$551,718,236$408,993,026
FY12$546,339,543$398,292,907
FY11$466,767,019$330,574,462
FY10$446,567,770$310,116,976
FY09$391,622,294$269,309,631
FY08$404,652,446$274,426,863
FY07$380,775,019$248,996,593
FY06$351,482,333$224,019,458
FY05$328,178,354$201,552,627
FY04$285,068,092$169,969,411
FY03$319,365,774$186,309,474
FY02$392,557,392$224,071,238
FY01$445,529,107$249,882,617

comparisons adjusted for inflation (cpi)

  • See Changes in Funding
Between and
Funding for Housing
136.0%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$1,007,069,282$1,007,069,282
FY23 Current$954,990,418$900,119,799
FY23 GAA$954,990,418$900,119,799
FY23 Leg$954,990,418$900,119,799
FY23 Sen$897,629,656$846,054,798
FY23 SWM$893,322,161$841,994,798
FY23 Hou$922,084,766$869,104,798
FY23 HWM$920,366,012$867,484,798
FY23 Gov$775,550,537$730,989,945
FY22 GAA$661,967,794$598,059,918

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY21FY22FY23 CurrentFY24 Gov
Fair Housing Assistance Type I Retained Revenue$1,304,765$1,217,545$1,167,055$1,100,000
Affordable Housing Trust Fund$11,861,498$0$0$0
Unaccompanied Homeless Youth$10,141,581$9,352,956$10,079,113$10,545,850
Secure Jobs Connect$3,558,449$5,534,293$5,331,320$5,000,000
Dept of Housing and Community Development Admin$10,145,735$8,601,954$9,508,063$11,408,005
Caseworkers for Homeless Families and Individuals$7,233,986$6,899,873$7,605,341$12,606,365
Emergency Assistance - Family Shelters and Services$224,033,098$218,007,710$232,818,017$324,051,902
Homeless Individuals Assistance$79,383,077$82,632,533$116,705,516$110,752,398
Home and Healthy for Good Program$11,493,792$4,305,680$6,779,530$4,162,300
Sponsor-Based Permanent Supportive Housing$0$5,534,293$7,532,811$7,600,000
New Lease for Homeless Families$296,537$276,715$265,240$250,000
Local Housing Programs$0$3,005,121$3,777,015$0
HomeBASE (Short Term Housing)$34,614,063$28,745,797$63,032,863$42,070,445
Interagency Council on Housing and Homelessness$0$0$10,609,592$0
Homeless Individuals Rapid Re-Housing Program$5,930,749$5,534,293$5,304,796$5,000,000
Supplemental Funding for Low Income Residents Utilities (LIHEAP)$17,792,247$0$0$0
MHFA Down Payment Assistance Program$5,930,749$0$0$0
Lead Paint Abatement$5,930,749$0$0$0
Housing Services and Counseling$7,413,436$9,076,241$10,291,305$8,774,000
Tenancy Preservation Program$1,779,225$1,992,346$1,909,727$2,042,755
Service Coordinators Program$3,558,449$3,320,576$5,304,796$5,000,000
Subsidies to Public Housing Authorities$110,905,008$94,082,985$97,608,250$92,000,000
Public Housing Reform$1,186,150$1,106,859$1,060,959$2,200,000
Mass. Rental Voucher Program - MRVP$160,130,226$143,871,333$163,706,011$168,247,567
Alternative Housing Voucher Program$14,858,419$9,613,460$14,519,604$14,108,528
Accessible Affordable Housing Grants$3,201,230$5,534,293$2,652,398$0
Rental Subsidy for Dept. of Mental Health Clients$12,511,657$13,889,001$13,313,049$12,548,125
Housing Assistance for Re-entry Transition$0$0$2,121,918$2,000,000
Low-Income Housing Tax Credit Fee Retained Revenue$3,081,811$2,875,799$2,842,243$2,998,580
Residential Assistance for Families in Transition (RAFT)$85,402,787$24,350,890$159,143,886$162,602,462
Local Housing Earmarks$0$24,549,018$0$0
FY21FY22FY23 CurrentFY24 Gov
Fair Housing Assistance Type I Retained Revenue$1,304,765$1,217,545$1,167,055$1,100,000
Anti-Discrimination Programs Revenue$0$0$0$0
Affordable Housing Trust$0$0$0$0
Housing Preservation and Stabilization Trust$0$0$0$0
Affordable Housing Trust Fund$11,861,498$0$0$0
Low Income Housing Tax Credit Fund$0$0$0$0
End Family Homelessness Reserve Fund$0$0$0$0
Commission to End Homelessness Recommendations$0$0$0$0
Our Fathers House Reserve$0$0$0$0
Crossroads Family Shelter$0$0$0$0
Emergency Shelter Beds$0$0$0$0
Unaccompanied Homeless Youth$10,141,581$9,352,956$10,079,113$10,545,850
Secure Jobs Connect$3,558,449$5,534,293$5,331,320$5,000,000
Emergency Assistance - Rent Arrearages$0$0$0$0
Emergency Assistance - Family Shelters & Services$0$0$0$0
Homeless Individuals Assistance$0$0$0$0
Home and Healthy for Good$0$0$0$0
Ch.707 Rental Assistance for Units$0$0$0$0
Springfield Friends of the Homeless$0$0$0$0
Dept of Housing and Community Development Admin$10,145,735$8,601,954$9,508,063$11,408,005
Caseworkers for Homeless Families and Individuals$7,233,986$6,899,873$7,605,341$12,606,365
Emergency Assistance - Family Shelters and Services$224,033,098$218,007,710$232,818,017$324,051,902
Homeless Individuals Assistance$79,383,077$82,632,533$116,705,516$110,752,398
Emergency Assistance - Hotels & Motels$0$0$0$0
Home and Healthy for Good Program$11,493,792$4,305,680$6,779,530$4,162,300
Sponsor-Based Permanent Supportive Housing$0$5,534,293$7,532,811$7,600,000
New Lease for Homeless Families$296,537$276,715$265,240$250,000
Local Housing Programs$0$3,005,121$3,777,015$0
HomeBASE (Short Term Housing)$34,614,063$28,745,797$63,032,863$42,070,445
Interagency Council on Housing and Homelessness$0$0$10,609,592$0
Housing Authority Self-Sufficiency Pilot Program$0$0$0$0
Homeless Individuals Rapid Re-Housing Program$5,930,749$5,534,293$5,304,796$5,000,000
Supplemental Funding for Low Income Residents Utilities (LIHEAP)$17,792,247$0$0$0
MHFA Down Payment Assistance Program$5,930,749$0$0$0
Lead Paint Abatement$5,930,749$0$0$0
Low Income Sewer and Water Abatements$0$0$0$0
Housing Choice$0$0$0$0
Soft Second Mortgage$0$0$0$0
Housing Services and Counseling$7,413,436$9,076,241$10,291,305$8,774,000
Tenancy Preservation Program$1,779,225$1,992,346$1,909,727$2,042,755
Service Coordinators Program$3,558,449$3,320,576$5,304,796$5,000,000
Rental Housing Development Action Loan Program (RDAL)$0$0$0$0
Homeless Housing$0$0$0$0
Subsidized Transition$0$0$0$0
Subsidies to Public Housing Authorities$110,905,008$94,082,985$97,608,250$92,000,000
Public Housing Reform$1,186,150$1,106,859$1,060,959$2,200,000
Urban Agenda Housing$0$0$0$0
Mass. Rental Voucher Program - MRVP$160,130,226$143,871,333$163,706,011$168,247,567
State Housing Assistance for Rental Production (SHARP)$0$0$0$0
Alternative Housing Voucher Program$14,858,419$9,613,460$14,519,604$14,108,528
Accessible Affordable Housing Grants$3,201,230$5,534,293$2,652,398$0
Rental Subsidy for Dept. of Mental Health Clients$12,511,657$13,889,001$13,313,049$12,548,125
Housing Assistance for Re-entry Transition$0$0$2,121,918$2,000,000
Interest Subsidies for Private Development of Affordable Housing$0$0$0$0
Low-Income Housing Tax Credit Fee Retained Revenue$3,081,811$2,875,799$2,842,243$2,998,580
Residential Assistance for Families in Transition (RAFT)$85,402,787$24,350,890$159,143,886$162,602,462
Individual Development Account Program$0$0$0$0
Local Housing Earmarks$0$24,549,018$0$0
Commonwealth Housing Management$0$0$0$0
Secure Jobs Pilot$0$0$0$0
LIHEAP One Time Costs$0$0$0$0

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