The Massachusetts Senate is set to vote on its version of of Gov. Maura Healey’s housing bond bill Thursday. Like the House's version, it leaves out a proposal to let cities and towns tax upper-echelon real estate transactions to fund affordable housing.
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The skies should clear up in time for the 10th annual Donna Summer Disco Party at Boston City Hall Plaza. WBUR arts fellow Maddie Browning hasBoston’s push for a tax on high-end property sales once again looks poised to die on Beacon Hill. The Senate is teeing up its version of Gov. Maura Healey’s housing bond bill for a vote today. And liketo let cities and towns enact taxes of up to 2% on upper-echelon real estate transactions to fund local, affordable housing developments.
Now what? Wu says she’ll keep pushing for the transfer fee in Boston, noting federal COVID money that helped build more housing will soon “dry up.” The Senate bill also proposes several commissions to study policies like the transfer fee. “This isn’t the end of any conversation when it comes to housing,” Edwards said. “But again, we have several commissions set up to have those conversations.
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