An Act updating the linkage exaction program in the city of Medford
Medford updates its developer exaction program requiring contributions to affordable housing and community benefits for new construction projects.
Medford updates its developer exaction program requiring contributions to affordable housing and community benefits for new construction projects.
H 4252 updates Medford's linkage exaction program, which requires developers to contribute funds toward affordable housing and other community benefits when constructing commercial or residential projects. The bill modernizes the program's requirements, contribution amounts, or application procedures to reflect current conditions in the Medford real estate market.
Linkage exaction programs directly impact housing affordability and municipal revenues in growing communities. Updates to these programs affect both development feasibility for builders and the city's ability to fund affordable housing initiatives, making this relevant to residents concerned with housing costs and construction projects.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.