Milton leaders are looking at fast-tracking another multifamily rezoning proposal to conform with the MBTA Communities law in the face of a lawsuit from Attorney General Andrea Campbell and loss of state grants.
“The Planning Board now needs to create a zoning plan that is compliant, and restore funding to this town,” board member Benjamin Zoll said. “We’re heard from multiple members that putting something like this together should be easy.”
What else is on tap today?
- $75M ‘Equitable Development Fund’: Two of Massachusetts’ biggest affordable housing lenders are teaming up to launch a fund aimed at growing the state’s cadre of minority developers.
- 115 Units Pitched: A Dorchester development team proposes 115 apartments on an industrial site steps from the MBTA’s Readville station, but the project site is outside the area contemplated for upzoning by Mayor Michelle Wu’s Squares + Streets initiative.
- Housing Leader’s New Job: Haverhill state Rep. Andy Vargas, a prominent voice in housing policy debates in the Massachusetts legislature, has joined Lawrence-based Bell Tower Commercial Real Estate Group.
- New Boston Fed Leader: The Federal Reserve Bank of Boston has named Karen A. Pennell its new first vice president and chief operating officer. She’ll be Boston Fed President Susan Collins’ right hand.
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Show me the data!
These are the top 10 existing, recent single-family home sales in Norfolk County.
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- Location may be one of the most common words to describe valuable real estate, but when embarking on a multifamily or single-family project, regardless of location, design arguably reigns supreme.
- After 13 years in a behind-the-scenes leadership role at Country Bank, Mary McGovern is preparing to step into the limelight as the bank’s new president and future CEO.
- Tenants have signed new and renewed leases totaling more than 15,000 square feet at 420 Boylston St., a Back Bay office and retail property owned and managed by A.W. Perry.
