SUMMARY OF PROPOSED MORE INFRASTRUCTURE PROGRAM- CHAPTER 40T

ORGANIZATIONS SUPPORTING THE ADOPTION OF CHAPTER 40T:

Mass Alliance for Economic Development (MAED )-The Commonwealth's outreach tool bringing new business to the Commonwealth

Citizens Housing and Planning Association (CHAPA )-Dedicated to expanding affordable housing in Massachusetts

Massachusetts Chapter of the American Planning Association -The organization representing State, municipal and private professional planners

City of Lowell

Here is one useful approach to insure that those wanting infrastructure and benefiting more than the community at large will have the option to finance such improvements on favorable terms:

WHY WE NEED CHAPTER 40T TO SELF-FINANCE A PORTION OF THE COMMONWEALTH’S TRANSPORTATION INFRASTRUCTURE NEEDS

Sat, 10/27/2007 - 04:01 — vidchair
WHY WE NEED CHAPTER 40T & HOW IT CAN BE USED

Our State and municipal budgets are under tremendous financial strain. There is a huge back log of State and local infrastructure projects that need to be addressed. It is a rare community that is able to fund all the water, sewer, roads and other infrastructure needed to support existing neighborhoods and new desired development.