While housing prices have climbed to record highs in Greater Boston, the Commonwealth‚Äôs Gateway Cities struggle with the challenges of weak real estate markets. Low rents and declining home values challenge the maintenance of an aging housing stock, while vacant and abandoned homes caught in a foreclosure limbo exert downward pressure on entire neighborhoods. While COVID-19‚Äôs economic impacts continue to evolve, they are likely to exacerbate these existing challenges. The stability of these neighborhoods is central to generating more equitable growth, as these neighborhoods are home to immigrants and first-time homebuyers of color, whose families have historically faced discrimination in the state‚Äôs housing markets.
This webinar will focus on the ongoing neighborhood stabilization challenges facing Gateway Cities, current initiatives to support neighborhood revitalization, and new State programs and funds available for stabilization efforts.
This forum is sponsored by the Neighborhood Hub. The Neighborhood Hub is a multi-agency partnership that includes MassHousing, MassDevelopment, the Massachusetts Housing Partnership (MHP), the Massachusetts Association of Community Development Corporations (MACDC), the Massachusetts Institute for a New Commonwealth (MassInc), and the Commonwealth‚Äôs Department of Housing and Community Development (DHCD), in collaboration with the Attorney General‚Äôs Office.
Registration fee: Free