Targeting everything from zoning, foreclosures, millennials, and the steady creep of gentrification, a state Senate report released last week laid out a strategy for dealing with the housing crisis across the commonwealth.

The Special Senate Committee on Housing outlined 19 proposals, many tied to existing or pending legislation and some recommending initiatives to offset rising land costs and minimize displacement. “Massachusetts needs a revolution in housing production to keep up with the demand for new housing statewide,” the report said.

Committee chair Sen. Linda Dorcena Forry of Dorchester said most housing concerns are interconnected in areas where housing lags behind booming population numbers.

Massachusetts will need almost 500,000 new housing units by 2040, according to Metropolitan Area Planning Council projections. Given that, Forry said, the state needs to take a “holistic” approach to the housing issue, increasing resources for families and children while also ensuring adequate housing stock.

Nine subcommittees, made up of legislators and community advocates, homed in on state-led efforts to combat systemic patterns of homelessness and assist residents forced out of their houses, whether by foreclosure or rising rents. More than half of renters in greater Boston are paying more than 30 percent of their incomes toward housing, categorizing them as cost-burdened, according to the Center for Housing Policy. About 38 percent of homeowners are paying more than 30 percent of their gross income toward mortgages and taxes.

For the most part, the Senate report grapples with the question of how to make the most effective use of existing land. Selling state-owned surplus land for below market value to affordable housing developers would be a boon to the housing stock for workers, but, the report notes, provisions in state law can prohibit disposing of the land at below-market rates. The authors recommend support for joint legislation to facilitate such transactions.

The report parallels efforts being made on the city level, said Sheila Dillon, Boston’s housing chief. “I was very pleased to see that there is great alignment in this with initiatives that are coming from the state and things we are working on in Boston,” she said, noting that the report raised a number of ideas that the city would like to work into its housing policies.

Dillon sees as a highlight the report’s recommendation to end a requirement that residents who have been forgiven some of their mortgage debt pay state taxes on the relief funding – “as though it were a windfall,” the authors said. A bill on the subject is being considered by lawmakers.

A proposal for “millennial villages,” perhaps the flashiest take- away from the report, was floated as an innovative approach to the influx of young people between 24 and 30 into the state’s populace.

More than 24,000 millennials moved into Boston, Somerville, and Cambridge between 2000 and 2012, according to the housing report, accounting for 73.9 percent of the population growth in that region. In the educational sphere, more than 120,000 graduate and post-doctoral students attend area universities, more than 90 percent of whom live off campus.

Young adults’ quests for affordable housing contribute to an overall shortage of traditional workforce housing, such as three-deckers, duplexes, and garden apartments. The lack of supply has driven up the price of units in three-deckers by 95 percent between 2009 and 2015 (to $477,057), the report noted, adding that rents continue to rise sharply as well “under this demand pressure.”

To further free up land, the report recommends investing in preservation and the rehabilitation of blighted lots, and zoning more land for multi-family use. The authors also suggest developing new affordable housing geared toward the growing transitory young adult population.

Many cities rank below the state’s ten percent affordable housing benchmark, although the city of Boston leads greater Boston in the share of affordable housing available for those earning 80 percent or less of the area median income, according to a Boston Foundation report. “Nearly one out of five housing units in the city are affordable for households in this income range, a proportion much higher than in surrounding communities,” that report said.

In an interview, Forry pushed against sentiments of “NIMBY-ism” across the state, where reluctance to build affordable housing stock leaves long-time residents in the lurch down the line. “When I’m talking about creating housing that’s affordable, it’s for their families,” Forry said. “It’s for the kids who grew up in that community and went to college but can’t afford to move back.”