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Housing Mandates Uses California As Template
Discover Governor Maura Healey's vision for Massachusetts' housing future, echoing California's innovative model. She spotlights initiatives like the Affordable Homes Act and credits Governor Charlie Baker's groundwork, notably the MBTA Communities Act. The video "Housing Mandates In California" offers an insightful critique, exposing how this model fails, leading to statewide housing challenges. The looming state legislation aims at streamlining zoning for developers, shaping the landscape. Despite its length, the video is indispensable, offering a critical view of what's at stake. Without citizen involvement, the outlook is grim: rising costs, congested roads, and the erosion of homeownership dreams. Take action now to steer towards a brighter future.
5 Reasons Why There Isn’t A Housing Shortage
The United States is experiencing declining population growth, with fewer than one million people added in 2021, a slower rate compared to historical events like the Spanish flu pandemic and World War 1. Single-family home permits have plummeted since 2005, dropping by 70% to 400k in 2010. Even in 2020, permits remained low at 1 million. However, analyzing the population growth to new housing permits ratio reveals a concerning trend. The ratio, which ideally should be around 1.5, dipped below this threshold in the mid-2000s and again in 2020, indicating a potential oversupply rather than a shortage.
Millbury's Subsidized Housing Inventory
The Subsidized Housing Inventory (SHI) is used to measure a community's stock of low- or moderate-income housing for the purposes of M.G.L. Chapter 40B, the Comprehensive Permit Law. While housing developed under Chapter 40B is eligible for inclusion on the inventory, many other types of housing also qualify to count toward a community's affordable housing stock.