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Senator urges updating Chapter 40R incentives to account for inflation and spur smart‑growth projects
Summary
Senator Pavel Payano told the Joint Committee on Housing that S.1021 would nearly double one‑time incentive payments and raise per‑unit bonuses to encourage municipalities to adopt smart‑growth zoning under Chapter 40R.
Senator Pavel Payano testified in support of S.1021, saying Chapter 40R — the smart‑growth zoning incentive program enacted in 2004 — no longer reflects today's costs and therefore discourages municipal participation. "The incentives reflect the economy and the value of the dollar back in 2004," Payano said.
Payano said the amendment would nearly double the one‑time 40R…
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