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
Our take on the end of the legislative session
At the end of this extraordinary legislative session, the team at MassINC sends a note of gratitude to the many partners who contributed to our various efforts over the past year. This includes funders, who generously underwrite the research; civic leaders, who selflessly lend their time and expertise to inform our work; and most especially,
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
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
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.
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
Baker’s Seminal Economic Development Legislation
The Gateway Cities Journal
Gateway City economic development leaders huddled on Zoom Wednesday for a call with Sec. Kennealy. The discussion offered valuable insight into how Gov. Baker’s $3.5 billion economic development/ARPA 2.0 bill could sow seeds for growth. Here are our first impressions of the governor’s final major contribution to economic development policy.
Preliminary Thoughts on ARPA 2.0
The Gateway Cities Journal
Governor Baker’s second ARPA spending bill is anticipated in the coming weeks. Rather than responding to emergencies, the state can now use these flexible funds for transformative long-term investments with a heavy focus on parts of the state beyond I-495.