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Housing Watch: Salem to Hold Public Hearing on Proposal to Amend & Expand City's Housing Development Incentive Program (HDIP) Zones

11.28.18

The Salem City Council will hold a Public Hearing on Thursday, November 29th at 6:30 P.M. in the City Council Chambers, Second Floor, Salem City Hall, 93 Washington Street, for all persons interested in Mayor Kim Driscoll's proposed Amendment to the existing Downtown Salem Housing Development Incentive Program (HDIP) Zone (program area) and Plan as originally approved by the Salem City Council and the Massachusetts Department of Housing and Community Development in 2017.

HDIP is a state-enabled program per M.G.L. Chapter 40V that incentivizes the development of market-rate housing in a program area established by an eligible municipality. The amendment to this HDIP Zone shall be expanded to include all parcels within the Central Development (B5) Zoning District, the adjacent North River Canal Corridor Zoning District and three additional parcels, specifically 5 Broad Street, 17 Hawthorne Boulevard, and 150 Federal Street.

According to Mayor Driscoll, the zones and districts included in this proposal were chosen due to the high costs associated with redevelopment as a result of prior use and contamination in the B5 Central Development business zone and North River Canal Corridor district. Additionally, the three specific properties identified in the proposal already have market-rate housing projects under consideration and two of the three are somewhat constrained by the historic district overlays.

The original HDIP Zone & Plan is available here and the proposed amendment is available here (Pages 65-73). 

The official Meeting Notice & Agenda for Thursday's Public Hearing is avaialble here.

Salem

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