Who is a member?
Our members are the local governments of Massachusetts and their elected and appointed leadership.
The bill (HB 4529) would create the tools needed to implement the administration’s Partnerships for Growth strategic plan, which was released last year after extensive stakeholder input.
The bill includes:
• $50 million for the production of high-density, mixed-income affordable housing near transit nodes
• $10 million for climate-resilient construction in affordable, multifamily housing developments
• $40 million to support redevelopment of abandoned, blighted and underused properties
• $25 million for a neighborhood stabilization program
• $15 million to reauthorize the site readiness program
• $10 million for a fund dedicated to supporting community development and infrastructure projects in rural communities and small towns
• $5 million for planning initiatives undertaken by individual municipalities, jointly by cities and towns, or by regions working together to address shared goals related to community development, housing production or other issues of local and regional concern
The economic development package would increase the Housing Development Incentive Program cap from $10 million to $30 million and expand the number of eligible cities and towns so that more multi-unit, market-rate housing development projects can move forward in Gateway Cities and similarly situated communities.
“Building on the success of our two previous economic development bills, An Act Enabling Partnerships for Growth invests in further housing development and supports small businesses and innovative companies throughout the Commonwealth,” Gov. Baker said at the Salem event. “This important legislation, partnered with our Housing Choice Initiative, will continue our work to promote growth and success in every region of the state.”