Basis Radar

Massachusetts — Capital events & subsidy flows by year

Event-dated aggregates from the benchmark-validated series (year-15 counts validated within ~3% of Novogradac; Section 8 stock within 1% of NLIHC). Properties that exited the LIHTC program are excluded from LIHTC waves. National view →

LIHTC year-15 wave

In-program properties only; year 15 is the equity-exit decision point.

View as table
YearLow-Income UnitsCount
2001 1,050 15
2002 1,016 29
2003 1,767 25
2004 640 15
2005 596 20
2006 462 9
2007 1,024 23
2008 1,113 21
2009 815 12
2010 799 14
2011 1,936 26
2012 1,472 23
2013 2,140 27
2014 3,128 32
2015 2,193 28
2016 1,095 20
2017 2,012 30
2018 1,400 24
2019 2,914 33
2020 984 20
2021 1,973 20
2022 948 21
2023 1,025 20
2024 1,072 19
2025 1,919 40
2026 2,258 24
2027 127 27
2028 989 19
2029 3,100 49
2030 1,129 18
2031 2,191 22
2032 655 11
2033 901 15
2034 3,154 53
2035 153 3
2036 302 5
2037 967 17
2038 261 6

Extended-use endings

Dates use the 30-year federal floor (or filed longer periods) — near-term totals overstate reality until state-reported periods are layered in; the wave shape is directionally sound.

View as table
YearLow-Income UnitsCount
2016 1,050 15
2017 1,016 29
2018 1,767 25
2019 640 15
2020 596 20
2021 462 9
2022 1,024 23
2023 1,113 21
2024 815 12
2025 799 14
2026 1,936 26
2027 1,472 23
2028 2,140 27
2029 3,128 32
2030 2,193 28
2031 1,095 20
2032 2,012 30
2033 1,400 24
2034 2,914 33
2035 984 20
2036 1,973 20
2037 948 21
2038 1,025 20
2039 1,072 19
2040 1,919 40
2041 2,258 24
2042 127 27
2043 989 19
2044 3,100 49
2045 1,129 18

HAP contract expirations

Active project-based Section 8 family contracts, by full-term expiration year.

View as table
YearAssisted UnitsCount
2026 1,272 87
2027 1,192 79
2028 2,338 43
2029 2,355 49
2030 2,463 48
2031 1,196 24
2032 1,968 32
2033 3,009 27
2034 2,849 36
2035 3,790 48
2036 3,164 37
2037 6,244 58
2038 4,652 52
2039 3,737 39
2040 4,172 54
2041 3,459 45
2042 3,440 42
2043 3,958 40
2044 3,585 38
2045 2,923 33

Published debt maturities

FHA-insured and USDA loans only — conventional, bond, and agency debt is not on public record.

View as table
YearRemaining PrincipalCount
2027 — 1
2029 $250,851 1
2030 $271,213 2
2031 — 2
2032 — 2
2033 $496,655 3
2035 $772,531 2
2036 — 2
2037 — 1
2038 $910,004 12
2039 $11.2M 6
2040 $36.6M 7
2041 $22.9M 11
2042 $30.5M 12
2043 $12.2M 16
2044 $24.6M 11
2045 $51.4M 10

HOME/CDBG dollars landed

By IDIS completion year; HOME 5+ unit activities and CDBG activities matched to tracked properties — a floor, not a census.

View as table
YearActivity DollarsCount
2000 $7.7M 37
2001 $32.4M 117
2002 $9.7M 36
2003 $19M 69
2004 $17.9M 65
2005 $18.5M 52
2006 $26.2M 80
2007 $17.4M 56
2008 $32.1M 58
2009 $20.3M 59
2010 $16.3M 30
2011 $44.7M 84
2012 $82.5M 69
2013 $31.2M 64
2014 $24.7M 51
2015 $20.7M 34
2016 $25.5M 48
2017 $19.3M 43
2018 $16M 37
2019 $17.8M 29
2020 $15.5M 27
2021 $20.2M 34
2022 $28.1M 48
2023 $20.6M 31
2024 $41.9M 55
2025 $43.6M 46
2026 $4.4M 6

Methodology and reconciliation against published figures: see the glossary. Filter, sort, and drill into properties in the application.