On Monday, the Senate Ways and Means Committee released its version of the biennial economic development bill. Similar to the bill passed unanimously by the House last week, S. 3018 contains provisions increasing the annual cap on the Housing Development Incentive Program (HDIP) to $57 million for FY 2023 and $30 million each year thereafter.
50 Gateway City economic development leaders write to state legislators for HDIP
50 Gateway City economic development leaders and developers sent a letter to state legislators calling for action to rescue the Housing Development Incentive Program (HDIP), which is the only state program to address the unique development challenges of our small cities. Most significantly, rents remain comparatively low in most Gateway Cities compared to rising construction
22 Gateway City mayors and managers rally behind the Housing Development Incentive Program (HDIP)
22 Gateway City mayors and managers weighed in with the House and Senate behind the Housing Development Incentive Program (HDIP). As MassINC research has shown, there is a six-year backlog of at least 41 projects totaling nearly 2,300 housing units and more than $700 million in total investment. Most Gateway Cities lack housing options for
Event Recap | Gateway Cities Leadership Summit: Growing an Inclusive Economy II
On Tuesday, July 12th, MassINC hosted its Annual Gateway Cities Leadership Summit. The forum explored how municipal contracting can support the growth of businesses of color, a timely conversation with an unprecedented influx of federal resources flowing into Gateway Cities through ARPA and the Bipartisan Infrastructure Law. MassINC Research Director Ben Forman and Executive Director
Positioning Gateway City leaders to take the lead on digital equity
The Gateway Cities Journal
While leaders responded to their residents’ most acute digital equity needs during the pandemic, the issue appears to be receding among the many competing challenges facing Gateway Cities. We can’t allow this to fall out of sight again, especially with half a billion dollars from the federal infrastructure bill coming to Massachusetts to help communities implement durable solutions.
Andre Leroux offers testimony to Joint Committee on Bonding, Capital Expenditures and State Assets
On House Bill 4864
Gateway Hubs Director Andre Leroux testified at the State House about expanding housing support in Gateway Cities, establishing a small business district fund, and improving state procurement.
Committee’s ED bill is a big deal for Gateway Cities and equitable economic growth
The Gateway Cities Journal
Learn what the Joint Committee on Economic Development and Emerging Technologies' Economic Development bill means for HDIP and inclusive entrepreneurship in Gateway Cities.
This is the moment to make transformative investments
The Gateway Cities Journal
The TDI program has been highly effective in Gateway Cities closer to Boston with relatively strong real estate markets. But the impact has been minimal in weaker markets outside of I-495, where Massachusetts desperately needs new sources of economic growth. Now is the moment to do right by the communities that state economic development policy has neglected for far too long.
MassINC receives $350,000 grant from Cummings Foundation
MassINC is a proud participant of the selective Cummings Foundation $25 Million Grant Program. The nonprofit will receive $350,000 over the next 10 years.
Senate budget key to future of housing and transportation in Gateway Cities
The Gateway Cities Journal
The Senate budget debate next week could determine how competitive Gateway Cities will be in the post-pandemic economy. At a key moment when housing and transportation investments could help make these communities more attractive for an age of remote work, the danger of missing out on the opening and backsliding is real. Housing: Housing Development