Banker & Tradesman » James Sanna
Somerville: Curtatone to draft '21st century' rent control
Banker & Tradesman's James Sanna reports that Somerville Mayor Joe Curtatone has posted on his Facebook page his support of rent control bills in the state legislature, which some legislators are advocating become part of Governor Baker's Housing Choice legislation. This package of counter-proposals, touted by Cambridge Rep. Mike Connolly and Boston Rep. Nika Elugardo, would let towns and cities establish rent control measures, eviction restrictions, require multifamily zoning near transit nodes and a $1 billion bond for affordable housing construction. Baker's bill has the support of the commercial real estate industry but some are concerned that tacking on additional measures may prevent the bill from passing while others feel the bill doesn't do enough as is. (This story is behind a paywall).