A Missing Piece of Housing Plan?
Advocates say Gov. Maura Healey’s housing plan is missing opportunity to expand a model that’s shown a track record of success in Boston and across the U.S. for decades: community land trusts.
Six Housing Projects Get CommonWealth Builder Funding
Six development projects received $44.6 million in state funding under a program that Gov. Maura Healey is proposing to expand as a strategy that increases wealth-building through home ownership in minority neighborhoods.
Boston Names First Tranche of Developers for City-Owned Parcels
Boston Mayor Michelle Wu’s push to turn empty, city-owned lots into housing reached its first major milestone Thursday when the mayor designated four development teams to transform 14 parcels into around 63 units of affordable for-sale housing.
Beacon Hill Should Boost Funds for Housing
Legislators have made valuable strides towards tackling our state’s housing crisis with federal pandemic relief money. But more needs to be done. A call to double the allocation for housing production is a good start.
Home Ownership Push Proves Easier Said than Done
Roy Avellaneda, president of the Chelsea City Council, thought his idea was pretty straightforward: Impose a five-year moratorium on construction of new rental properties in the city to give councilors time to re-write zoning laws to promote home ownership.
Legislature Offers $600M from Aid Windfall for Housing
House leaders detailed a $3.65 billion spending package Monday that would invest a record budget surplus and much of the state’s surplus federal COVID aid in housing, hospitals, schools and workforce development.
To Close the Racial Wealth Gap, Scale Up CommonWealth Builder
Massachusetts’ CommonWealth Builder program effectively reduces the price of new housing units by subsidizing developers up to $150,000 per home. And unlike traditional affordable housing, it allows homeowners to realize the full market appreciation of their unit if they live there for at least 15 years.
