News Summary
Governor Maura Healey has launched an ambitious housing initiative aimed at constructing 222,000 new homes in Massachusetts by 2035. Dubbed ‘A Home for Everyone,’ the plan addresses the urgent housing shortage and seeks to foster economic growth. With production levels at a historical low, the plan prioritizes multifamily construction and zoning reforms to ensure that more families can find affordable housing. The initiative aims to retain young residents and alleviate the pressures of an ongoing housing crisis.
Boston Starts a New Chapter with Comprehensive Housing Plan
In the heart of Massachusetts, a new chapter is unfolding as the state gears up to tackle an urgent housing crisis. Governor Maura Healey has unveiled a bold housing plan aiming to add at least 222,000 new homes by 2035. This ambitious initiative represents a 7% increase in the state’s current housing supply, and it’s all about addressing the pressing demand for more homes across the Bay State.
A Home for Everyone
The housing plan, dubbed “A Home for Everyone: A Comprehensive Housing Plan for Massachusetts,” was introduced at the State House. It has a clear mission: to not only accommodate the housing needs of residents but also to foster economic growth while tackling the existing housing crisis head-on. The healing process for Massachusetts’s housing woes is set to begin.
Production Rates in Question
Historically, the state has added around 19,000 homes annually from 2010 to 2020. However, the numbers took a plunge this past year, with only 11,600 building permits issued in 2023. This is concerning, especially when similar production levels are anticipated for 2024. The Healey administration stresses that it’s time to ramp up the pace of construction significantly if the state is to meet its new housing target.
Addressing the Shortage
Interestingly, most of the 222,000 new homes are primarily aimed at addressing the current housing shortage rather than accommodating any new population growth. Projections indicate that Massachusetts isn’t going to see any population growth through to 2035. This makes the need for more homes even more critical. One of the many perks of this plan is the anticipated retention of about 10% of young adults who often leave the state in search of affordable living arrangements. Keeping the youth around is a key concern for many business leaders, and this plan aims to make that a reality.
Housing Crisis Facts
Let’s take a moment to consider the current landscape of Massachusetts housing. As of 2023, there were about 27,000 eviction filings related to rent non-payment, with one-third resulting in actual evictions. Many areas, including beautiful Cape Cod and parts of western Massachusetts, have seen an estimated 9,000 homes converted into seasonal or short-term rentals from 2010 to 2020. This trend has certainly contributed to the housing crisis residents now face.
Family Housing Dilemma
It’s also worth noting that more than 50% of homes in Massachusetts boast three or more bedrooms, but only 38% of those are occupied by families with children. This mismatch complicates the availability of family-sized housing units, driving home the necessity for a thoughtful, well-rounded approach to housing.
Key Strategies Ahead
The housing plan shines a light on the need for zoning changes that will encourage more multifamily construction. By surpassing current requirements established in the MBTA Communities law, the plan looks to set the stage for a more inclusive housing environment. Key strategies include increasing as-of-right multifamily zoning, making use of state-owned land for housing, and boosting modular construction methods to jumpstart production.
Meeting the Housing Goals
Ultimately, the goal is clear: to breathe new life into Massachusetts’s housing market while navigating challenges, such as rising construction costs and strict local zoning regulations. A follow-up report is expected to outline further recommendations and important construction information tailored for specific regions.
The Path Forward
So, where does the state stand today? Well, Berkshire County, Franklin County, and Cape Cod are in need of less than 2.5% growth in year-round housing, while metro Boston and northern Middlesex require up to 10% growth. With ambitious visions rooted in strategic planning, Massachusetts takes hopeful steps toward a brighter and more accommodating housing future. The residents and local businesses alike will benefit from this much-needed push for development.
Deeper Dive: News & Info About This Topic
- Recorder: Franklin County Housing Officials React to State Plan
- Boston Herald: Healey Releases Massachusetts’s First-Ever Comprehensive Housing Plan
- WWLP: Healey Unveils Historic Housing Plan
- Cape Cod Times: MA Plan Focuses on Housing Abundance to Blunt Rising Prices
- Google Search: Housing Crisis Massachusetts
