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The inability of many prospective homeowners to find a property they can afford has forced them to remain renters, which predictably has jacked up the price of those leases, especially in the Greater Boston area.
While Beacon Hill searches for solutions to the serious housing shortage that fuels affordability concerns in Massachusetts, a real estate industry organization wants to see the Community Preservation Act program retrofitted to put a greater emphasis on housing production.
Real estate group calls for envisions retooling the Community Preservation Act to help fight the housing crisis.
( June 8, 2023 ) After years of unsuccessful attempts to give cities and towns the option to tax home sales to support local affordable housing, advocates this legislative session are putting forward …
A new study has found that — especially in the suburbs — Community Preservation Act funds often go toward open space, not housing.