"Affordable housing: Not everyone’s favorite topic. It means constant juggling for local municipalities - balancing the needs of current residents with future residents, deciding what is best for the town and attempting to attract younger people and more taxpayers. And making sure at least 10 percent of their housing stock is deemed "affordable" as required by state law.
Nowhere is this more evident than in a recent study done by the Metropolitan Area Planning Council (MAPC). The council recently released a study projecting house needs and demands for MetroWest and the Milford area for 2030.
The study calls for at least 20,752 housing units to be added by 2030 to meet projected population and households changes.
One trend among these projections includes a shift of those 55 and older into more rental units instead of owning their homes. Likewise, there is an increased demand in rental units for those younger than 35 and an increase in demand for single-family homes for those aged 35 to 54."
Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20160110/more-affordable-housing-needed-for-future
Additional info on Chapter 40b can be found here
http://www.mass.gov/hed/community/40b-plan/
More about the Metropolitan Area Planning Council (MAPC) can be found here
http://www.mapc.org/
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| 280 units coming to West Central St via 40b |
Related affordable housing posts
- 280 unit apartment housing coming to Franklin via 40b
http://www.franklinmatters.org/2015/04/280-unit-apartment-building-at-1330.html
- Franklin offers affordable housing for 55+
http://www.franklinmatters.org/2015/12/affordable-housing-for-55-37-grey-wolfe.html
- Lottery for affordable housing in 2014
http://www.franklinmatters.org/2014/07/franklin-municipal-affordable-housing.html
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