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Boston & New England  + Apartments  |  March 5, 2020
Paul Bubny
By: Paul Bubny

Gov. Baker Files $240M Economic Development Bill

Gov. Charlie Baker on Wednesday filed a $240-million economic development legislative package. Among other things, it includes provisions for targeted zoning reform to encourage the production of more housing across Massachusetts.

This governor’s office said the bill encourages more market rate housing in Gateway Cities and similar regions by expanding the Housing Development Incentive Program (HDIP); invests in affordable housing near transit; provides new flexible, responsive tools to build vibrant communities; and facilitates further economic growth and job creation by significantly increasing support for small businesses and industry clusters.

“Building on the success of our two previous economic development bills, An Act Enabling Partnerships for Growth invests in further housing development and supports small businesses and innovative companies throughout the Commonwealth,” said Baker.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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  • ◦Economy
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