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March

15

2016

Costs, hidden benefits of new housing in MA., new study by UMass Dartmouth Public Policy Center, Michael Goodman et al.

BOSTON, March 15, 2016 --- A new in-depth study of a sample of Massachusetts housing developments finds that the state tax payments made by their residents more than offset any negative local fiscal impacts associated with these developments. Prepared by the Public Policy Center at UMass Dartmouth - under the direction of PPC director and UMass professor Michael Goodman -- the findings suggests that state tax revenues from new housing are large enough and could be used to create a fund that would compensate communities for the negative local fiscal impacts of new housing. The study was commissioned by MHP as part of its Unlock the Commonwealth initiative.