Our last journal offered thoughts on how Governor Healey can position Gateway Cities to thrive in this post-pandemic era by increasing the Housing Development Incentive Program (HDIP), investing in regional transit, and lowering commuter rail fares. Now that the administration has unveiled its first budget, our readers will want to know, how did they do?
Gov. Healey can make a bold statement with HDIP, commuter rail fares, and RTA funding in FY24 budget
The Gateway Cities Journal
Governor Healey’s first budget will provide the opening look at the administration’s policy priorities. This glimpse comes at what is almost certainly a defining moment for Massachusetts. After a long string of success, the state’s economy faces serious peril, brought on by a potent combination of the COVID-19 shock, regulation inhibiting housing production, and systemic
Housing Development Incentive Program (HDIP) Updated Analysis of Program Data
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Data provided to MassINC by DHCD as result of public records request (Jan. 2023) February 3, 2023 Bottom Line: HDIP is the state’s most efficient housing development program to date, costing an average of only $23,664 per unit and resulting in the production of 2,687 new units in Gateway City downtowns and transit areas so
Five Gateway City bills to watch this session
The Gateway Cities Journal
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Last Friday was “docket day” on Beacon Hill, the deadline for filing legislation for consideration during the 2023 – 2024 session. The co-chairs of the Gateway Cities caucus presented five hefty bills. As a package, the complementary and commonsense policy proposals contained in these bills would offer a huge infusion of energy for Gateway City
The Baker Administration’s Crowning Achievement
The Gateway Cities Journal
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Leaders on Beacon Hill continue to look for solutions to the stalled economic development package. Embedding the bill’s provision in a supplemental budget, which Governor Baker would take the lead in drafting, is one scenario floating around the State House. This approach has one major downside: supplemental budgets cannot contain bond authorizations. If this is
For the Good of the Commonwealth
The Gateway Cities Journal
Gateway City leaders awoke Monday morning to incredibly disheartening news: The legislature had failed to pass the economic development bill and its long-awaited increase in the Housing Development Incentive Program (HDIP). Session after session, the omnibus economic development bill has been the primary vehicle for economic policy in Massachusetts. Many interests are now waiting patiently
House and Senate move on HDIP, Lesser fighting for inclusive entrepreneurship provisions
The Gateway Cities Journal
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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
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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)
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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
Andre Leroux offers testimony to Joint Committee on Bonding, Capital Expenditures and State Assets
On House Bill 4864
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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.