The Salem News reports that Selectmen in Topsfield and Hamilton have joined a group called the Municipal Coalition for Affordable Housing, which is asking the State Legislature to make changes in Chapter 40B.
Chapter 40B requires that communities develop 10% of their housing as affordable to people who make 80% or less than the median income locally. In Essex County, the income limits range from $46,300 for a single person to $66,150 for a family of four. If communities fail to meet the 10% threshold, developers can use Chapter 40B to circumvent local zoning regulations, such as lot size, housing density and proximity to wetlands, so long as they make 25% of the units in a development affordable.
According to the article, not one of the smaller towns in the North Shore has reached the 10% goal. In Hamilton, for example, the number is 3.3%; Topsfield is 5.4%. The Coalition aiming to change the law is made up of 31 communities, nearly all of them small and most of them affluent.
Read the entire Salem News Article
November 6, 2007
Topsfield, Hamilton to Battle Chapter 40B
Posted by NorthShoreRealtors.com at 8:32 PM
Labels: Chapter 40B, Hamilton, Topsfield