AFFORDABLE HOUSING CHANGE GIVES TOWNS MORE SAY INCENTIVE RECOGNIZES STEADY PROGRESS

From: The Boston Globe | Date: August 4, 2002| Author: Erica Noonan, Globe Staff | Copyright information

The most significant change in the state's 33-year-old affordable housing law will give suburbs a greater role in deciding how and when affordable housing developments are built, lawmakers and housing specialists said.

Under the new plan, passed by the Legislature on Wednesday, communities that voluntarily increase their affordable housing stock by 0.5 percent per year will receive a one-year exemption from "fast tracked" Chapter 40-B developments. Under that law, projects reserving 25...

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