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Coalition Urges $300M‑a‑Year Split for Housing and Climate via ‘AHEAD’ Bill
Summary
Nonprofit developers, regional planners and environmental advocates told the revenue committee the AHEAD Act’s modest real estate excise increase would produce recurring funding for affordable housing and climate resilience, and they outlined possible program uses and allocation priorities.
BOSTON — Nonprofit housing developers, municipal planners and climate groups told the Joint Committee on Revenue on Wednesday that increasing the real‑estate excise fee under the AHEAD Act (H.3194 / S.1973) would generate roughly $300 million annually to fund affordable housing and climate adaptation projects.
Nathaniel Shea, public policy director at the Massachusetts Association of Community Development Corporations (MACDC), and Josh Fiala, land‑use director at the Metropolitan Area Planning Council (MAPC), said the bill would roughly double the current…
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