January
27
2017
PROVINCETOWN --- In the first real market test for the town's new Year-Round Rental Housing Trust, voters have begun discussions on whether to OK $10.7 million to bid on a bankrupt 26-unit condo that the town would turn into affordable housing. A Town Meeting vote is scheduled for February.
January
27
2017
DANVERS — Just two homeless families with six children are living in motel rooms in town as part of the state’s emergency assistance program, according to the town and the state Executive Office of Housing and Economic Development. That’s down from the peak of 195 families with 299 children a little over four years ago.
January
27
2017
BOSTON --- A Boston initiative to turn city-owned lots into affordable home-buying opportunities seems to be hitting its stride as 73 units are in construction, 45 are expected to start shortly and a lottery will be held on Feb. 8 for six homes created on city property in Mattapan.
January
25
2017
MEDWAY --- The non-profit developer that has received town support to build 48 affordable units on West St. is now interested in building 12 more units on a town-owned site, and is considering putting the two projects together in order to seek sufficient financing to develop both sites. Medway has already pledged to put $1 million in CPA funds into the first project and could decide to put in more if the two projects merged.
January
25
2017
FALMOUTH --- A new concern surfaced in a developer's bid to build 104 rental units on Main St. with a Ch. 40B permit as the developer's representative told the Zoning Board of Appeals the developer would be opposed to any limits on whether the market-rate units could be rented seasonally or by the week.
January
25
2017
AMHERST --- Beacon Communities has made a formal request to the Select Board to become the first developer to use the town's new affordable housing property tax incentive program so it can move forward with its $47.5 million North Square Mill District project. Plans call for 130 apartments, with 26 affordable for households at or below 50 percent of area median income. To build the project, Beacon is seeking a tax break from the Select Board as well as a Ch. 40B permit from the Zoning Board of Appeals.