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Chapter 40B Subsidized Housing Inventory

Where the 10% goal comes from; what it means

 

Ø     Number and percentage of low and moderate income housing units for purposes of MGL 40B, §§ 20-23 (the “Comprehensive Permit”). Does not list all subsidized low and moderate income housing in the community (e.g., Section 8 vouchers, not included). Refer to guidelines from DHCD.

 

Ø     Chapter 40B under review by Governor’s Task Force; definitions may change - read the May 30, 2003 report

 

Ø     Denominator is based on year-round housing units:

 

Provincetown year-round population

1990

2000

90-00 #

90-00 %

 

Total Housing Units

3,802

3,890

88

2.31%

minus

Seas., Rec., or Occ. Use

1,416

1,828

412

29.10%

equals

Year-round Housing Units

2,386

2,062

-324

-13.58%

 

 

 

 

 

 

Chapter 40B Percentage

1997

2001

97-01 #

 

 

C.40B Subsidized Units

76

135

59

 

divided by

Year-round Housing Units

2,386

2,062

-324

 

equals

C.40B Percentage

3.19%

6.55%

 

 

 

 

 

 

 

 



 

 

Provincetown certified at 6.55% for 2001

 

Ø     See list of the qualifying 135 units, as of 2001

 

Ø     Current projection: 6.3%  (129 units)-- given new construction, expired/discharged units

 

Ø     Future projection: 7.9% (162 units)-- given all known pending units, estimated future

 

Ø       Owner vs. renter-occupied:

 

o      Of the current C.40B units:  53+ rentals, 16+ ownership;

 

o      Add in the completed units: 77+ rentals, 19+ ownership

 

o      Add in pending units: 87+ rentals, 42+ ownership