by Banker & Tradesman | Nov 26, 2023
Instead of focusing on reforms that will boost our economy, the Healey-Driscoll administration is pursuing a policy that will further damage the state’s competitiveness: a new tax on home and building sales.
by Banker & Tradesman | Oct 15, 2023
Transfer tax supporters’ ideas have merit, and may be getting traction, but Beacon Hill shouldn’t approve these bills without making sure the extra money will actually be spent on new housing.
by Susan Gittelman | Aug 20, 2023
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.
by Banker & Tradesman | Jun 11, 2023
New taxes on real estate sales were a hot topic on Beacon Hill last week, but unfortunately, both sides have it wrong, to one degree or another.
by State House News Service | Jun 7, 2023
While Beacon Hill searches for solutions to the serious housing shortage that fuels affordability concerns in Massachusetts, a real estate industry organization wants to see the Community Preservation Act program retrofitted to put a greater emphasis on housing production.
by Banker & Tradesman | Jun 19, 2022
Boston Mayor Michelle Wu gave the state legislature perhaps her strongest argument yet to accept her transfer tax proposal last week when she laid out a goal of creating affordable housing “as quickly as we can.” on over 1,200 underutilized city-owned properties.
by Steve Adams | Jan 25, 2022
A $40 million contribution from city of Boston housing funds will be used to develop and preserve 718 affordable units in Chinatown, Dorchester, Hyde Park, Jamaica Plain and Roxbury.
by Steve Adams | Dec 17, 2020
A 248-unit Westfield multifamily complex that was damaged in a 2018 fire will receive financing from MassHousing, enabling a nonprofit developer to begin a $28-million renovation project.
by Steve Adams | Nov 11, 2019
A Philadelphia multifamily developer has begun leasing 65 units of affordable and workforce housing on Cape Cod in a project that received Community Preservation Act and MassHousing financing.
by State House News Service | May 3, 2019
Facing the lowest level of state support in the nearly 20-year history of the program, cities and towns that have adopted the Community Preservation Act are hopeful that 2019 will be the last year of volatile state funding for this key pipeline of money for parks and affordable housing.
by Steve Adams | Sep 16, 2018
Anecdotal evidence that many of Boston’s newly built luxury condos sit unoccupied as part-time residences or “wealth storage lockers” for out-of-town investors is bolstered by the findings of a new housing market study.
by Steve Adams | Jun 28, 2016
The town of Weston has completed its $13.4 million acquisition of the 62.5-acre Case Estate nursery from Harvard University, which was delayed for nearly a decade after environmental contamination was discovered, leading to a dispute that ended up in court.
by Scott Van Voorhis | Nov 1, 2015
How bad is the Massachusetts housing mess? So bad that Waltham is about to do what would have been unthinkable a decade or two ago: creating its own, Section 8-style housing voucher program similar to what the feds run.