The residential tax exemption is not a targeted response to this important issue it is purported to be addressing. It will do nothing to make housing more affordable.
Even though the folks at Construct tried to remain optimistic and right by my side, there were times I could see their optimism waiver, as it is a daunting task to find affordable housing in Berkshire County.
Rising home prices and mortgage rates are slowing down homebuyers. And the higher costs of land, labor and materials are making it more difficult for builders to deliver houses at the prices which are most in demand.
The meeting was a window into what it’s like to run multiple low income housing complexes with limited resources under state oversight by the Massachusetts Department of Housing and Community Development.