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Housing Bubble Caused by Greedy Capitalists?
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<blockquote data-quote="Babagounj" data-source="post: 5301075" data-attributes="member: 12952"><p>[URL unfurl="true"]https://www.mass.gov/info-details/multi-family-zoning-requirement-for-mbta-communities[/URL]</p><p></p><p>The Massachusetts Bay Transportation Authority, MBTA.</p><p>Enacted as part of the <a href="https://malegislature.gov/Laws/SessionLaws/Acts/2020/Chapter358" target="_blank">economic development bill</a> in January 2021, new Section 3A of M.G.L. c. 40A (the Zoning Act) requires that an MBTA community shall have at least one zoning district of reasonable size in which multi-family housing is permitted as of right and meets other criteria set forth in the statute:</p><ul> <li data-xf-list-type="ul">Minimum gross density of 15 units per acre</li> <li data-xf-list-type="ul">Not more than ½ miles from a commuter rail station, subway station, ferry terminal or bus station, if applicable.</li> <li data-xf-list-type="ul">No age restrictions</li> <li data-xf-list-type="ul">Suitable for families with children.</li> </ul><p>In total, 175 MBTA communities are subject to the new requirements of Section 3A of the Zoning Act. While served by the MBTA, Boston is exempted from the Zoning Act, including section 3A.</p><p></p><p>[ATTACH=full]388623[/ATTACH]</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5301075, member: 12952"] [URL unfurl="true"]https://www.mass.gov/info-details/multi-family-zoning-requirement-for-mbta-communities[/URL] The Massachusetts Bay Transportation Authority, MBTA. Enacted as part of the [URL='https://malegislature.gov/Laws/SessionLaws/Acts/2020/Chapter358']economic development bill[/URL] in January 2021, new Section 3A of M.G.L. c. 40A (the Zoning Act) requires that an MBTA community shall have at least one zoning district of reasonable size in which multi-family housing is permitted as of right and meets other criteria set forth in the statute: [LIST] [*]Minimum gross density of 15 units per acre [*]Not more than ½ miles from a commuter rail station, subway station, ferry terminal or bus station, if applicable. [*]No age restrictions [*]Suitable for families with children. [/LIST] In total, 175 MBTA communities are subject to the new requirements of Section 3A of the Zoning Act. While served by the MBTA, Boston is exempted from the Zoning Act, including section 3A. [ATTACH type="full"]388623[/ATTACH] [/QUOTE]
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