The Baker Administration’s Crowning Achievement

The Gateway Cities Journal

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

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

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

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.
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