At a conference held on November 13, 2012, Governor Patrick announced a new plan to promote construction of 10,000 new units of housing annually. This "Compact Neighborhoods" plan supports smart growth and higher density development in areas where it makes sense, i.e., near jobs, or transit centers. Along with the renewed focus on development, there was also a focus on providing a more streamlined and predictable permitting process for residential projects, which was written into the jobs bill that was passed in August. This sort of positive attitude towards housing from the state level can only serve to help all of us in the Home Building industry. Housing and development are major sectors of the economy on Cape Cod, and it is nice to see government leaders taking positive steps towards recovery!
Here is the full article from HBAMA.com: Governor Patrick Talks Housing