The bottom line: we need more housing

I met with Housing Authority representatives from Waltham and Concord. A major topic: the Governor’s housing bond bill. Wide agreement that we need more housing. Pleased to see the real estate transfer fee provision included, which would give communities the option to impose a fee on expensive property sales to fund affordable housing projects. The fee — which could be set between 0.5% and 2% — would apply to the portion of the sale over $1 million or the county median home sale price.

Senator Barrett with Housing Authority representatives from Concord and Waltham, and members of NAHRO.