Healey on Cape to Celebrate $4B in Housing Investments

Attorney General Maura Healey 

YARMOUTH – Governor Maura Healey visited a Yarmouth affordable housing development with multiple local leaders this week to highlight the housing crisis gripping the region. 

The event took place at the Yarmouth Gardens, a new apartment complex in West Yarmouth.

Her recently unveiled $4 billion housing investment bill contains several tools Cape leaders and lawmakers have long sought, including a real estate transfer fee to fund affordable housing projects, a Seasonal Communities Local Option Property Tax Exemption, and easing zoning requirements for the use of Accessory Dwelling Units.

The bill also doubled the senior circuit-breaker tax credit to $2,400, a significant increase for older residents on fixed incomes, says officials. 

Lack of housing options is an issue the Cape Cod Chamber of Commerce said is the number one challenge facing the region’s economy. 

About Grady Culhane

Grady Culhane is a Cape Cod native from Eastham. He studied media communications at Cape Cod Community College and joined the CapeCod.com News Center in 2019.

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