Governor Baker speaks at MACDC's 2014 Convention

Governor Patrick speaks at MACDC's 2010 Convention

Governor Patrick speaks at MACDC's 2006 Convention

Governor Baker was first exposed to the MA Food Trust program at a briefing with the MACDC Board, May 2016.

After more than 6 years of advocacy to establish, fund and launch this program, the Baker-Polito Administration has fulfilled its quest by providing over $1 Million in funding to increase access to healthy, local food options and by selecting co-administrators for the Massachusetts Food Trust Program.  The MA Food Trust Program, a recommendation from a study by the Massachusetts Grocery Access Task Force, was established in law in 2014.  Since then, the Massachusetts Public Health Association (MPHA) has led a statewide coalition of nearly 100 organizations to build legislative and administration support to develop, fund and implement a program, which fulfills our shared values:  good for jobs, good for communities and good for health.  MACDC has been proud to partner with MPHA and the Healthy Food Financing Working Group in pursuit of this vision.  Congratulations to MPHA, and the organizations that have been selected to administer this statewide program, the Local Enterprise Assistance Fund (LEAF) and Franklin County CDC.

For more information on the award announcement, read the Baker Administration’s press release here:  https://www.mass.gov/news/baker-polito-administration-awards-over-1-million-in-funding-to-increase-access-to-healthy

Meet Glen LeGeyt Captain of the FV Tricia Lynn, a Cape Cod fisherman, and father of a 16-year-old son. For years, Glen was primarily a groundfisherman. But when the groundfishing regulations changed 10 to 15 years ago, it forced him to diversify his business and fish for other catch. He started with a scalloping license for state waters, but even that has been over-regulated and now the catch has been reduced to 200 pounds a day. According to LeGeyt, “On most days, I catch half that if I’m lucky.” 

This spring LeGeyt was lucky – when the CDP held a lottery to sell one of its extra Federal scallop permits and he won. 

How did the CDP secure a Federal Scallop permit in the first place? Several years ago federal fishing regulations changed so that scallopers had to own scallop quota, often referred to as shares. In an effort to ensure that the Cape’s day boat fishing fleet would have access to quota, the Cape Cod Commercial Fisherman’s Alliance (CCCFA) and the CDP purchased quota to create a permit bank. With the quota came more permits than were needed, so the CDP decided to sell an extra permit but in a way that would ensure it helped create a new business and would stay on the Cape. 

Unlike LeGeyt’s state permit, this federal permit allows scallop fishermen to fish in federal waters— three miles beyond the coastline. Federal permits are highly coveted as the scallops in federal waters are far more bountiful. In order to purchase or lease a quota, however, a permit is required. 

When the CDP held the lottery, applicants were required to meet the eligibility requirements which include proof of residence on Cape Cod for five or more years, proof that you own a boat or will purchase one within 12 months of getting the permit. Applicants also had to have previous experience as a scallop fisherman. LeGeyt learned about the lottery through CCCFA. Federal licenses are hard to find and very rarely make it to the open market. When a fisherman gets out of the business their permit is quickly sold or passed on to another fisherman. 

Fishing regulations have put a great strain on fishermen and required them to become much more sophisticated business people. Many fishing businesses have not survived due to the decrease in stocks and the complicated regulatory environment.
“I can tell you the names of every single fisherman on Cape Cod - that is how few are left,” says LeGeyt. 

This permit, which triples the quota to 600 pounds, would essentially double LeGeyt’s income. “If I fish half as hard as I fish now, my yearly income should double with any luck,” notes LeGeyt. He has a day boat with three guys and says “It’s going to help my family tremendously. I’ll be able to make a profit rather than just survive.”

Boston, MA – The Massachusetts Association of Community Development Corporations (MACDC) has announced that Eastern Bank will award $300,000 in grants for the third consecutive year to Community Development Corporations (CDCs) in Massachusetts participating in the Community Investment Tax Credit (CITC) program.  The announcement was made at the 9^th annual Mel King Institute for Community Building Celebration held on June 21 at the Benjamin Franklin Institute in Boston.

“Eastern Bank’s consistent support of CDCs in Massachusetts is incredible,” noted Joseph Kriesberg, MACDC’s President.  “This is an ideal example of how the Community Investment Tax Credit should work with a local business supporting programs that benefit residents in the communities in which they work.”

In 2017, Certified CDCs in Massachusetts, which include all organizations participating in the CITC program, accomplished the following:

• Homes Built or Preserved:  1,990
• Job Opportunities Created or Preserved:  5,086
• Entrepreneurs Provided Technical Assistance: 858
• Families Served with Housing, Jobs, or Other Services:  79,218
• Investment in Local Communities:  $803.8 million

“Eastern Bank’s continued involvement in the CITC program is very much aligned to our purpose of doing good things to help people prosper,” commented Pamela Feingold, Senior Vice President and Director of Community Development Lending at Eastern Bank.  “CDCs do so much more than develop affordable housing, by also providing housing counseling services, support to small businesses, and more.  At Eastern, we are committed to helping accelerate growth and opportunity in our neighborhoods and communities.  Our support of CDCs is helping to do just that.”

The CITC program provides a 50% refundable state tax credit for donations of $1,000 or more to participating CDCs.  Because the donation is refundable, organizations, such as foundations and donor advised funds, can support CDCs across Massachusetts through the program as well as individuals and businesses. CDCs can apply for an Eastern Bank grant at www.easternbank.com/foundation.

Leaders from the Massachusetts Association of Community Development Corporations and United Way praised Governor Charlie Baker today for signing the Affordable Housing Bond Bill into law. The legislation, officially known as An Act Financing the Production and Preservation of Housing for Low and Moderate Income Residents, authorizes $1.8 billion in capital funds for the preservation and production of affordable housing, while also extending and expanding several highly successful tax credit programs.

"By signing this bill into law, Governor Baker assures that the Commonwealth will have the capital authorizations it needs to fully implement the Governor's five-year capital plan for housing, with the flexibility to adapt and expand those plans as needed to meet evolving circumstances and opportunities," noted Joseph Kriesberg, President of MACDC. "We are particularly excited that the Legislature and the Governor enacted legislation to extend and expand the Community Investment Tax Credit program, which is a gamechanger for the Commonwealth by spurring millions of dollars of private philanthropy aimed at high impact, resident-led community economic development."

The Community Investment Tax Credit provides a 50% refundable tax credit for qualifying donations to participating Community Development Corporations. With this tool, CDCs attracted over $34 million since the program was enacted in 2014 to fund community engagement, affordable housing, small business development, family asset building and other high impact programs that expand economic opportunity. This program was limited to $6 million per year and it was scheduled to end in 2019, so this legislation extends the sunset until 2025 and increases the statewide cap to $8 million in 2019 and eventually up to $12 million by 2023. 

"With high housing costs, a lack of affordable housing, and low-wages, too many individuals and families can't make ends meet and do not have the opportunity for upward economic mobility," said Michael K. Durkin, President and CEO at United Way of Massachusetts Bay and Merrimack Valley. "The Community Investment Tax Credit is generating millions of new dollars to build affordable housing, prevent foreclosures, provide financial counseling, jump-start small businesses, and revitalize neighborhoods. We applaud Governor Baker, the Massachusetts Senate and the Massachusetts House of Representatives for their support of this tax credit and for helping to create financial opportunity for people in need." 

MACDC also noted that the legislation extends and expands other vital tax credit programs, including the Low-Income Housing Tax Credit and the Historic Preservation Credit. These programs have proven themselves to be cost-effective programs worthy of expansion.

For more information, contact Joe Kriesberg: (617) 721-7250

The Massachusetts Association of Community Development Corporations which represents 20 CDCs in the City of Boston calls on the Boston City Council to support strong regulations for the short-term rental industry.  We believe the compromise ordinance put forth by Mayor Marty Walsh and several members of the Council is a solid proposal that balances the need to protect our rental housing stock and the desire of local homeowners to earn extra money.  We urge the Council to approve this proposal when it comes before the City Council.

Everyone knows that Boston is in the middle of a housing crisis.  Rents and home prices have been increasing for several years and thousands of Bostonians can no longer afford to live here.  MACDC and its members are working closely with residents, the City, and other stakeholders to help mitigate this housing crisis by producing as much affordable housing as we possibly can.  The City has adopted numerous strategies for expanding our housing supply, preserving existing affordable homes, acquiring more apartments that can be protected for the long term, strengthening tenant protections, and of course, building new affordable apartments and homes.  These efforts are undermined when private developers and investors convert rental housing into de facto hotels.

We believe that Mayor Walsh's proposal strikes the right balance.  It would slow displacement of renters while enabling homeowners to earn extra cash.  We urge the Council to support this common-sense proposal.

The Massachusetts Senate is nearing the end of its week-long debate on its $41.4 billion budget, and, on balance, it has been a strong week for CDCs and our partners that serve small businesses and bring economic and housing opportunities to underserved families in communities across the Commonwealth.  Before jumping into the budget thicket, I’m excited to report that – during those intense deliberations – the conference committee completed its negotiations on the Housing Bond Bill, which was approved subsequently by both branches!  The $1.8 billion Bond Bill is on its way to Governor Baker, and, yes, it includes the extension and expansion of CITC through 2025!

Special thanks to Rep. Kevin Honan and Sen. Joseph Boncore, co-chairs of the Joint Committee on Housing and the conference committee, the lead conferees – Reps. Joe McGonagle and Brad Hill, Sens. John Keenan and Patrick O’Connor – and House Speaker Robert DeLeo and House Ways & Means Chairman Jeffrey Sanchez and Senate President Harriette Chandler and Senate Ways & Means Chairwoman Karen Spilka.  (See the attached summary of the final bill for more details.)

As to the Budget debate, here are a few highlights for MACDCs’ community and economic development priorities that have been addressed by further amendments and are in the final Senate Budget:

Small Business Technical Assistance (Sen. Julian Cyr, #796)

We were pleased to see that Governor Baker’s FY 2019 budget submission proposed to restore funding for SBTA to $2 million.  The House budget also would provide $2 million to this program.  As many of you know, our main FY 2019 budget priority has been to restore funding the SBTA program (line item 7002-0040) to at least $2 million.  Sen. Julian Cyr reintroduced his amendment from last year, to fund the Small Business Technical Assistance (SBTA) program at $2.5 million.  (The Senate Committee on Ways and Means had proposed $1.25 million for this program.)  The Senate adopted a “redraft” of Sen. Cyr’s amendment to provide $1.5 million.  We are extremely grateful to Sen. Cyr and his 12 colleagues who joined him as cosponsors (Sens. DiDomenico, Hinds, Gobi, Eldridge, Moore, Fattman, Welch, L’Italien, Collins, Tran, O’Connor and Brownsberger), and further encouraged by his commitment to help us secure greater funding in the Budget conference committee.

Chapter 206 – Homeownership Education and Foreclosure Prevention Counseling (Sen. Eldridge, #684)

We are pleased to report that the Senate adopted an amendment by Sen. Jamie Eldridge to add an additional $500,000, for Chapter 206 funding from the MA Division of Banks (DOB) (line item 7006-0011), to enable nonprofit counseling agencies to provide homebuyer education and foreclosure prevention counseling.  (The Administration has proposed $1.55 million – and the House concurred – which they say is sufficient to enable DOB to cover their own administrative costs and provide $1.3 million in grants to non-profit organizations, essentially level funding. Funding is possible through administrative fees associated with the licensure of loan originators, according to Chapter 255F of the Massachusetts General Laws, under which DOB may use retained revenue to fund this program.  Grants are awarded through a competitive application process under criteria determined by DOB. The Eldridge amendment (redraft #864) will increase funding to $2.05 million.  Please express your compliments and gratitude to Sen. Eldridge and his cosponsors:  Sens. Hinds, L’Italien, Collins, O’Connor, and Welch.

Community Preservation Trust Fund (Sen. Cynthia Creem, #3)

Cities and towns that adopt the Community Preservation Act (CPA) draw funds from two sources – a local property tax surcharge and an annual distribution from the statewide CPA Trust Fund.  State matching funds are projected to decline to 11% in 2018.  MACDC supported the amendment and is grateful that the Senate unanimously adopted Sen. Creem’s proposal for a $30 increase to the recording fees at State Registries of Deeds – unadjusted since it was established 18 years ago – to provide a 30% (estimate) CPA Trust Fund first round distribution for all CPA communities across the Commonwealth.

[Note:  When the Senate completes its budget, a conference committee of House and Senate members will be convened to reconcile the differences between each chamber's bill and to send a consolidated budget agreement to the Governor, ideally by June 30^th.]

We appreciate the support CDCs receive from so many of the members in the Legislature, including many of its leaders who aren’t direct cosponsors listed above, and have offered tremendous guidance and support to shape other important legislation in addition to the budget.  CDC members work to help prepare families and small businesses to meet economic challenges in every corner of the Commonwealth.  The important initiatives we have outlined above are helping families and businesses to succeed, and we couldn’t do it without them, or you, so be sure to say, “thanks.”

And, thank you for your advocacy.

For the fourth year in a row, MACDC's Board of Directors met with Governor Charlie Baker as part of our annual Lobby Day.  MACDC Board Chair, Vanessa Calderon Rosado thanked the Governor for his support of key MACDC priorities including the Housing Bond Bill, the Community Investment Tax Credit and the Small Business Technical Assistance program.  A number of board members then shared some of the innovative work they are doing locally to support small businesses, help working families buy their first home, and partner with hospitals to advance health equity initiatives. The Board also pressed the Governor to support an increase in state matching funds for the Community Preservation Act and to allocate a portion of the forthcoming gaming industry tax revenue to support small businesses from under-invested communities.

"Our conversation with the Governor was substantive and productive," said MACDC President Joseph Kriesberg.  "We deeply appreciate the Governor's keen interest in our work and his willingness to engage in a detailed conversation about how we can work together toward shared goals."