Mass. Should Say: ‘Yes in God’s Backyard’
Significant drops in religious affiliation have left many shrinking congregations struggling to maintain large buildings and surplus land. A new bill makes it easier to help them with affordable housing.
Significant drops in religious affiliation have left many shrinking congregations struggling to maintain large buildings and surplus land. A new bill makes it easier to help them with affordable housing.
Just as significant as the ordinance itself: It was adopted by an almost unprecedented 8-1 City Council vote. Achieving that consensus took time.
Many believe that solving our own housing crisis is out of our control because we have no land to build on, but that is not so. What is lacking is broad political will.
Consistent public school enrollment declines mean that surplus school buildings could be a real source of new homes, but towns and cities often lack the expertise to do it themselves.
Designed to provide flexible financing to invest directly in market-driven, mixed-income housing projects that are currently stalled, this innovative fund holds significant promise.
Rigid and in some cases overengineered solutions would not make projects more resilient, and instead could significantly cut the amount of housing we can produce.
As passions around the MBTA Communities law rise, it’s time to take a fact-based look at the law, put it in context with what other states are doing and plan accordingly.
A bill making its way through Congress could spark the largest increase in resources for affordable rental housing in nearly a quarter of a century and reduce project costs.
There’s a new threat to affordability that is jolting the rental apartment real estate industry, especially those in market-rate and affordable multifamily housing: insurance premiums.
The need for more affordable housing in the Greater Boston area is at an all-time high, but construction is headed for a record low. Fortunately, Gov. Maura Healey has proposed tools that can help fix this.
A few key reforms can help overcome the real obstacle to growing the number of housing units the CPA creates: the lack of local political will to seed new housing that CPA funds can be spent on.
It’s a policy that can help downtowns be busier and healthier, assist cities with revenue and reduce the concentration of poverty by increasing their overall supply of housing.
There’s rarely a silver bullet solution to such a crisis, but state action to allow accessory dwelling units by right would clearly narrow the gap between supply and demand, and reduce housing costs.
The $1.2 trillion federal infrastructure law had an unintended consequence: Forcing affordable housing developments to abide by expensive and potentially unavailable U.S.-produced materials. Now there’s relief.
A small shift in federal housing policy is yielding results that have the potential to better the lives of hundreds of thousands of low-income families.
Communities with concerns about Massachusetts’ new transit-oriented zoning reform were heard. We need to engage in our communities to ensure that this law achieves its promise.
For us in the real estate community, the Fair Share Amendment is a chance to support the housing needs of our workforce using the better transit infrastructure the tax will fund.
One of the most unfortunate casualties of the end-of-session scramble on Beacon Hill was a failure to legalize the creation of accessory dwelling units on many single-family lots statewide.
A grant given to fund an affordable housing project reduces the cost basis for developers and thereby reduces the amount that can be raised in private funds through the LIHTC program.