Incentives for Walkable Neighborhoods

At DHCD's "Under One Roof" Conference this month, Governor Deval Patrick announced  a production goal of 10,000 units per year for Massachusetts with a new "Compact Neighborhoods Policy" to help everyone get there. Essentially under the Compact Neighborhoods Policy, municipalities that apply and are certified will receive preference for DHCD's funding programs. More about the policy can be found here

It's exciting to see that in what's been written about the policy since then, Atlas Lofts, Standard Box, and 225 Centre -- all projects we've been working on -- are cited as examples of the kind of development DHCD and Governor Patrick want to see; transit oriented, affordability mix, nearby or ground floor retail, lower parking ratios, and more. 

For an article on the policy from Atlantic Cities, click here