U.S. Sen. Elizabeth Warren threw her weight behind Gov. Maura Healey’s housing plan on Monday morning, and stated the federal authorities might want to step as much as assist the state handle its housing affordability and availability disaster.
As many as 200,000 housing models will have to be in-built Massachusetts over the following six years to maintain up with housing demand, Warren stated at an occasion hosted by the New England Council on the UMass Club in Boston on Monday.
“The problem is bad and the problem is getting worse,” she stated. “Do you think that housing is in short supply in Massachusetts right now? Do you think that rents are already rising like a hot air balloon? Well buckle up for a rough ride.”
Warren praised Healey’s five-year, $4.12 billion housing bond invoice, a plan that has idled earlier than the Legislature since Healey filed it in October.
The invoice seeks to kickstart housing manufacturing, improve the state’s getting older and uncared for public housing inventory, and convert state land into housing-ready plots. It can be filled with coverage proposals, together with the flexibility for cities and cities to impose new charges on high-price actual property transactions and steer the income into inexpensive housing improvement, a easy majority voting threshold for inclusionary zoning ordinances and bylaws on the native degree, and a brand new designation to handle housing availability in “seasonal communities.”
“Each of these will help reduce the affordable housing gap. Our governor knows that one-size-fits-all is not going to solve this crisis,” Warren stated.
But, she added, Massachusetts can’t deal with the issue alone.
“Here’s my pitch today: Massachusetts and the rest of the country should not be left to deal with this housing crisis alone. It is time for the federal government to step up. Not to tell local governments what to do, but to be a good partner.”
Source: www.bostonherald.com”