Housing News Roundup
To keep in touch with what's going on at the local level, MHP regularly summarizes and links to housing stories that have appeared in newspapers around the state.
Banking: In effort to 'simplify', BofA exits state loan program BOSTON --- Bank of America, the largest bank in Massachusetts, has pulled out of one of the state's leading first-time homebuyer programs, a move that will make it harder for low-income and minority borrowers to get home loans, according to housing advocates. A BofA spokesman said the move was made as part of an effort to "simplify" the company.
Publication: Boston Globe, Jun 4, 2014
Stoneham: Hires consultant to fight proposed 264-unit 40B STONEHAM --- The town's legal counsel and an affordable housing specialist retained by the town hinted this week that it may resort to procedural challenges to delay Corcorcan & Company bid to use Ch. 40B to build a 264-unit apartment complex on the 26-acre Weiss Farm property. .
Publication: Stoneham Independent, May 28, 2014
Boston: Mayor pushes for more middle-income housing BOSTON --- With only 22 percent of the city's 6,600 rental units currently under construction in the city, Mayor Martin J. Walshis seeking to dramatically increase production of middle-income housing in Boston.
Publication: Boston Globe, May 27, 2014
Amherst: TM votes to establish affordable housing trust AMHERST - Town Meeting has created the Amherst Affordable Housing Trust Fund that will allow the town more flexibility when creating or preserving affordable housing.
Publication: Springfield Republican, May 24, 2014
Norwood: Downtown 40R fails to garner 2/3rds majority at TM NORWOOD --- A bid to create a 40R zoning district that would would pave the way for a former press building to be turned into 238 apartments and commercial space near the train station has failed. On May 16, Norwood Town Meeting members voted 93-70 in favor of the project, which fell short of the required two-thrids majority for zoning changes.
Publication: Norwood Bulletin, May 22, 2014
Southborough: 'Safe harbor' claim filed too late to block 40B SOUTHBOROUGH --- The town's attempt to delay a 180-unit Ch. 40B condo proposal near Rts. 9 and 495 has been overturned by the state, which has ruled the town's claim that it had permitted enough housing to earn a one-year "safe harbor" from 40B applications was filed one day after condo developer William Depietri filed his application to the town for a 40B permit.
Publication: MetroWest Daily News, May 21, 2014
Quincy: City seeking developer for former middle school site QUINCY --- The city is seeking a developer to purchase and convert the former Central Middle School into rental or condominium units. According to the Request for Proposals (RFP), officials will select a developer based on price, responsiveness to green design objectives, construction experience, good standing in the industry and the financial stability to complete the project. Bids for the property are due on Thursday, May 29 at 11 a.m.
Publication: The Boston Business Journal, May 19, 2014
Norwood: Still debating whether it can block 40Rs, 40Bs NORWOOD --- With town meeting poised to vote on whether to make the Plimpton Press property a 40R smart growth zoning district, preliminary discussions centered not on the project but on whether 1.5 percent of the town's land is being used for affordable housing. An independent consultant says the town has passed that threshold and could deny proposals like Plimpton's but the town says it is over an acre short.
Publication: Norwood Bulletin, May 15, 2014
Sandwich: HA moves to preserve, add more homes SANDWICH --- Thanks to decisions by town meeting, the Sandwich Housing Authority is moving ahead with plans to renovate public housing units and create new affordable units on George Fernandes Way.
Publication: Sandwich Enterprise, May 9, 2014
Vineyard: Waiting list for year-round housing is growing MARTHA'S VINEYARD --- With the economy improving, the number of year-round residents who are scrambling to find full-time housing or temporary housing for the summer is growing, with one family illustrating the plight by filming a documentary about their search for housing.
Publication: Vineyard Gazette, May 7, 2014