WSAR NEWS

A new Econ law for MA

A new Massachusetts law signed by Governor Baker on Tuesday provides a 5 year window backed by more than $600 million in capital authorization to support economic growth and improve housing stability across the Commonwealth. 

 

The plan seeks to respond to what is perceived as a housing crisis, attempting to build vibrant communities, supporting business competitiveness and training a skilled workforce. 

 

The new law directs capital dollars to support advanced manufacturing and targets new and emerging opportunities to further strengthen the foundation of the Commonwealth's Economy. 

 

The new law also targets zoning reforms that allow municipalities to adopt the zoning needed to meet housing needs in Massachusetts. 

 

Housing choice and housing production measures can now be adopted by a simple majority by city councils and selectmen. 

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