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Governor Healey Declares State of Emergency Due to Severe Lack of Shelter Availability in Massachusetts

Governor Healey declared that a state of emergency exists in Massachusetts due to rapidly rising numbers of migrant families arriving in the Commonwealth in need of shelter and services – and a severe lack of shelter capacity in the state. The state of emergency will allow the Administration to advocate for federal support to address the need for expanded shelter access and other services.

There are several ways for individuals and companies to support families seeking safety and shelter in Massachusetts right now.

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Legislature Passes Final Budget – Includes Extension of Brownfields Tax Credit

In the afternoon of July 31, the Massachusetts House of Representatives and Senate passed the final FY24 Budget.  

In direct response to NAIOP’s advocacy, the final budget includes a five year extension of the Brownfields Tax Credit, which was previously set to expire on January 1, 2024. Since the beginning of the session in January, NAIOP has worked with the Healey-Driscoll Administration, the Legislature, and a broad coalition of business groups and housing advocates to ensure the extension was considered for early passage.

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What’s the Forecast for Commercial Real Estate?

Since the beginning of 2020, fear of a recession has kept economists and policymakers up at night. But even now, despite high interest rates, consumer spending is up, and many are asking – is this the recession we planned for? At a recent mid-year economic overview hosted by NAIOP Massachusetts, the experts dug into the data.

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BPDA DELAYS IDP VOTE; FY24 BUDGET AND TAX PROPOSALS HEAD TO CONFERENCE COMMITTEE; GOVERNOR ANNOUNCES HOUSINGWORKS IN CAPITAL INVESTMENT PLAN

In mid-May, the Boston Planning and Development Agency (BPDA) released an updated proposal for the City’s Inclusionary Development Policy (IDP).

Read on to learn more about NAIOP’s position on this policy; and for updates from the State House regarding the FY24 budget; tax reform; and Governor Healey’s new housing announcement.

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How to Protect our Economic Growth and Fight for our Climate Future

Climate change is an economic development, public health and environmental issue that affects every resident and business in the commonwealth. Bold action must be taken, along with critical short-term strategies that effectively balance our continued economic growth with our long-term decarbonization and environmental goals. Only this approach will ensure that Massachusetts is put on a responsible, achievable path to mitigate and manage the devastating effects of climate change.  

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Strategies for a Strong and Resilient Massachusetts

With a new gubernatorial administration comes new opportunities to shape the future of Massachusetts. As we look ahead to 2023, there is little doubt that it will be a difficult year for businesses. The incoming Healey-Driscoll administration must be a partner with the business community to ensure that safeguards are in place so the commonwealth can weather the economic storm. Only together can we work to secure the livelihoods and futures of Massachusetts’ residents and businesses.  

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Mayor Wu Announces Proposed Changes to Linkage and Inclusionary Development

On December 15, Boston Mayor Michelle Wu announced a set of proposals to make substantial changes to the City’s Inclusionary Development Policy (IDP) and the commercial Linkage Policy. The announcement also previewed the City’s intent to review proposed changes to the Article 80 permitting process with the goal of implementing clear timelines and predictability for projects.  

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EPA Announces Implementation of Residual Designation Authority for Stormwater Discharges in Massachusetts Watersheds

On September 14, the federal Environmental Protection Agency (EPA) announced new efforts designed to oversee currently unregulated stormwater runoff in the watersheds of the Charles, Neponset, and Mystic Rivers.

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Rent Control Is Not the Answer to Our Housing Crisis

Rent Control Is Not the Answer to Our Housing Crisis Decades of Research Shows Its Harm By Tamara Small | This column originally appeared in Banker & Tradesman on September 11, 2022 In July, yet another report was issued highlighting the housing crisis in Massachusetts. The Housing Underproduction Report examined markets throughout the country and…

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NAIOP ADVOCACY ALERT: Climate Bill Enacted; BPDA Implements DEI Policy; New Zoning Rules for MBTA Communities Released

NAIOP ADVOCACY ALERT: Climate Bill Enacted; BPDA Implements DEI Policy; New Zoning Rules for MBTA Communities Released Support for our Advocacy Alerts is Generously Provided By: Serlin Haley, LLP and Pierce Atwood, LLC  GOVERNOR BAKER SIGNS CLIMATE BILL This afternoon, Governor Baker signed An Act Driving Clean Energy and Offshore Wind. Throughout the legislative process,…

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