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The Boston Planning & Development Agency (BPDA), formerly the Boston Redevelopment Authority (BRA), is a Massachusetts public agency that serves as the municipal planning and development agency for Boston, working on both housing and commercial developments. As an agency concerned with urban planning, the BPDA does not consider requests for ...
The Boston Real Estate Board launched a campaign in 2023 to oppose Wu's measure, saying it will discourage housing production in a city and a region that already has an acute shortage, will make maintaining properties more difficult, and will hurt tax revenues.
Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [ 1 ] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
Consider the following trend: In the spring of 2022, more than 3,000 new listings were hitting the market each month, Parcl Labs, a real-estate-analytics company, found. By the following spring ...
t. e. Proposition 2½ (Mass. Gen. L. c. 59, § 21C) is a Massachusetts statute that limits property tax assessments and, secondarily, automobile excise tax levies by Massachusetts municipalities. The name of the initiative refers to the 2.5% ceiling on total property taxes annually as well as the 2.5% limit on property tax increases.
Michelle Wu (Chinese: 吳弭; [1] born January 14, 1985) [2] [3] is an American politician and amateur pianist serving as the mayor of Boston, Massachusetts, since 2021.The daughter of Taiwanese immigrants, she was the first Asian American woman to serve on the Boston City Council, from 2014 to 2021, and acted as its president from 2016–2018.
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