Axios Boston

October 19, 2023
Hello, Friday, Jr.
Today's weather: Mostly sunny with a high of 66.
Today's newsletter is 781 words β a 3-minute read.
1 big thing: Healey's $4 billion bet
Illustration: AΓ―da Amer/Axios
Gov. Maura Healey unveiled a $4 billion housing bond bill yesterday that's meant to help alleviate the state's housing crisis.
Why it matters: The rising cost of living and influx of migrant families has only exacerbated Massachusetts' housing problems.
Driving the news: The proposal would make historic housing investments and loosen policy restrictions to help create tens of thousands of homes across the state.
- One of the biggest changes it proposes is letting local officials charge transfer fees of 0.5% - 2% on property sales over $1 million to fund affordable housing development.
- Local leaders currently need approval from state lawmakers to levy real-estate transfer fees.
Other major provisions of the bill would:
π Let single-family homeowners build accessory dwelling units of up to 900 square feet without a special permit.
π€ Let renters get certain no-fault evictions sealed after three years and other evictions sealed after seven years.
π³ Lower the threshold for approving local inclusionary zoning ordinances from a two-thirds majority to a simple majority of elected officials.
Yes, but: The package has to get through the House and Senate, where lawmakers have all but ignored local bills to increase real estate transfer fees for million-dollar home sales in Boston, Somerville and Concord.
- Parts of Healey's plan will likely face opposition from real estate industry groups.
- Transfer taxes are "an unstable source of revenue that would cause more harm than good at a time when people and businesses are leaving the state because it is just too expensive," Greg Vasil, CEO of the Greater Boston Real Estate Board, said in a statement.
State of play: Lawmakers have until next July when the legislative session winds down to take up Healey's housing bill.
- Both House Speaker Ron Mariano and Senate President Karen Spilka's offices said they're reviewing it.
By the numbers: The Healey administration estimates her proposal would help create, preserve or improve 65,000 homes statewide.
- About $1.6 billion would go toward repairing and modernizing the state's public housing stock.
Editor's note: This story has been updated to clarify that the housing bill would allow accessory dwelling units without a special permit.
2. π΅ Free tax filing
Illustration: Allie Carl/Axios
A free tax program announced yesterday will pilot in Massachusetts and 12 other states for the 2024 filing season, ββAxios' April Rubin writes.
Why it matters: The new IRS program could reshape how millions of Americans do their taxes and disrupt the multi-billion dollar tax preparation industry.
What's happening: Massachusetts will integrate state taxes into the IRS' new Direct File system, as will Arizona, California and New York.
Details: Taxpayers with relatively simple returns are eligible to participate. The IRS currently anticipates eligibility will include:
- Income: W-2 wage income, social security and railroad retirement income, unemployment compensation, interest of $1,500 or less
- Credit: Earned Income Tax Credit, Child Tax Credit, Credit for Other Dependents
- Deductions: Standard deduction, student loan interest and educator expenses
How it works: Direct File will be mobile friendly, interview based and available in English and Spanish.
- It'll be introduced to a small group of eligible taxpayers first and then expanded.
3. π Back that Mass. Up: Rollins replacement
Illustration: Brendan Lynch/Axios
ποΈ President Biden nominated Joshua Levy to become the permanent U.S. Attorney for Massachusetts. (Universal Hub)
- Levy had stepped into the top job temporarily after Rachael Rollins resigned.
House lawmakers approved its wide-ranging gun reform bill yesterday, despite pushback from firearm owners. (Globe)
π The FDA approved a dialysis drug developed by Waltham biotech Ardelyx, two years after initially rejecting it. (BBJ)
- The drug has been authorized as a treatment for irritable bowel syndrome, but now it's also cleared to help patients on dialysis lower dangerously high phosphate levels.
π§ Cast members of "Hocus Pocus," including those who played the Dennison siblings and Binx the cat, are going to Salem this weekend to celebrate the film's 30th anniversary. (NBC Boston)
On the job hunt?
πΌ Check out who's hiring on our Job Board.
- Director/Senior Director, Clinical QA, GCP/GLP/GVP at VOR.
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4. π€ Hear, here! This week's concerts
Enrique can be your hero. Photo: Mathew Tsang/Getty Images
This weekend's lineup will have you reliving the 2000s β from Switchfoot's anniversary tour to Enrique Iglesias, Pitbull and Ricky Martin at TD Garden.
Friday β
- Hardcore rockers Judge, 108, Risk and Anklebiter play at the Middle East Downstairs.
- Dutch lo-fi rock band Lewsberg plays with Providence noise rock trio Minibeast and musician Chris Brokaw at the Middle East Upstairs.
- Lady A performs at MGM Music Hall at Fenway.
Saturday β
- The holy Latino trilogy β Enrique Iglesias, Pitbull and Ricky Martin β takes the stage at TD Garden.
- Cult of Art: Hekateia brings its part-burlesque, part-comedy, part-live music show to the Sonia.
- Dance with indie-pop duo Neil Frances at the Paradise.
Sunday β
- Rapper HAARPER brings his mix of R&B, hip hop and pop to the Sonia.
- 2000s alternative rock band Switchfoot performs at the Wilbur for its 20th anniversary tour of "The Beautiful Letdown" album.
- Canadian folk singer Bahamas plays at the Paradise. (People under age 12 and over age 65 get into the early show for free.)
Deehan is out this week.
Steph forgot Switchfoot existed until yesterday.
This newsletter was edited by Emma Hurt and Kristen Hinman and copy edited by James Farrell.
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