After eight months of advocacy for our core priorities in the 2019 - 2020 legislative session, MACDC is pleased to have achieved substantial progress on our policy agenda:
- The Small Business Technical Assistance (SBTA) program received $3 million. This represents a 50% increase for the program;
- Chapter 206 funding, through the MA Division of Banks, was increased from $800,000 to $2.805 million to enable nonprofit counseling agencies to provide homebuyer education and foreclosure-prevention counseling;
- The Neighborhood Stabilization Initiative received $750,000 to enable MassHousing and MassDevelopment – in coordination with MACDC and MassInc – to create a capacity-building program that would help local governments and local partners implement neighborhood-level revitalization efforts across the state;
- The CPA Trust Fund will get an estimated $36 million in additional annual revenue in 2020 through an increase in most recording fees at the Registries of Deeds. The legislature also agreed to language that will authorize up to $20 million from the state’s budget surplus to expand the November 2019 distribution of the CPA Trust Fund;
- The Massachusetts Rental Voucher Program’s funding was increased by $16 million;
- The Administration provided an additional $1 million to the MA Food Trust program to improve access to healthy food and to provide loans, grants, and technical assistance to ensure support for local food enterprises and enhanced equity in low- and moderate-income communities;
- Strengthened the Brownfields Redevelopment Program by streamlining investments to CDCs and municipalities by eliminating the requirement that municipalities repay grants through future property tax revenue;
- The Boston City Council adopted a home rule petition to allow the City to increase Linkage fees and codify its Inclusionary Development Policy (IDP) into the Zoning Code.
We continue to advocate for a comprehensive agenda to meet our Commonwealth’s housing needs.
In addition to our core priorities MACDC will also advocate for the following:
Economic Development Initiatives
- Increase the annual volume of investment in the Brownfields Redevelopment Fund from $2 million back to its historic level of about $6 million per year;
- Support program funding and partnerships to boost state Earned Income Tax Credit (EITC), individual and family asset development, credit repair assistance and support for criminal justice reforms.
Housing (affordability, production, preservation, homeownership):
- Programmatic improvements for Community-Scale Housing Program;
- Limit federal housing policy rollbacks (e.g., Community Reinvestment Act (CRA) rulemaking/weakening revisions by Office of the Comptroller of the Currency (OCC), other regulators; HUD Budget);
- State funding and support for revived homeownership initiatives, including but not limited to affordable homeownership development.
Community Development & Community Health:
- Get-the-Lead-Out Program: additional state funding to recapitalize the lead paint abatement program.