Land Use & Property Rights
What is happening? NewVue Liabilities to Assets pilot program will support “the purchase and rehabilitation of primarily one- and two-family properties that have been vacant for at least three years at the time of development and have a negative impact on the surrounding neighborhood.”
Why is this important? Blighted properties are turned into fully rehabilitated, energy-efficient single-family home while preserving the character of the neighborhood. Purchasers will have to live in the home for 7 years.
How will this be important? Retaining character of the community, without gentrification could be fascinating.
Gardner News | Program aimed at boosting home ownership in the downtown area kicks off in Gardner
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