Municipalities throughout New England have long struggled to create opportunities to help alleviate the region’s severe housing crisis, without realizing potential solutions may already be within their control.
BankFive is planning to open two full-service branches on Cape Cod and in Rhode Island next year after it saw the success its loan offices had in the area.
Anecdotally, a number of industry players say they’re seeing a somewhat impressive post-Labor Day bump in the number of homes for sale on the rustic peninsula. But the latest real estate stats aren’t picking that up – at least not yet.
Around 50 percent of the Cape and Islands’ workers travel over the bridges to come to work, Rep. Dylan Fernandes said: “Anything we can do to have fewer cars on the Cape gives residents more transportation options to choose from.”
The top executive at Hyannis-based Cape Cod 5 foresees a “better than expected” drop in profits for the bank this year, given the current economic turmoil pressuring all banks’ finances.
If we listen more closely to grandstanding at public hearings about new housing’s environmental impact, we often find the assertions brought by opponents are fraught with misinformation and bad assumptions.
It’s so apparent, even the sharks are taking notice.
Cape Cod communities will have two years to opt into a new watershed permitting process intended to reverse nitrogen pollution and restore the region’s estuaries to their natural state, according to final regulations released Wednesday by the Healey administration.
Intense competition to buy homes may be overriding any concerns buyers might have about climate-driven property risks in Massachusetts. But homes’ climate change adaptations are starting to become selling points.
Beacon Hill has struggled to secure federal funds for the nearly $4 billion project to replace the Cape Cod Bridges, and Gov. Maura Healey now thinks there’s enough financial bandwidth to commit twice as many state dollars toward the crucial work.
The federal government has denied an application for $1.88 billion to replace the Bourne and Sagamore bridges.
Most of the roughly 50 Venezuelan migrants who were flown to Martha’s Vineyard last month at the behest of Florida Gov. Ron DeSantis are still being lodged at Joint Base Cape Cod.
Public officials fell short in one of two bids to secure more than $1 billion in federal funding toward replacement of the Bourne and Sagamore bridges, projects seen as vital to the Cape Cod economy.
A new phase is beginning for President Joe Biden’s infrastructure package. States are in fierce competition for the largest grant awards that would support multi-billion-dollar projects.
The public sector is feeling the strain of soaring inflation, too: officials now expect that a once-in-a-generation infrastructure overhaul in Allston will cost $300 million more than estimated, and the price of replacing the Cape Cod bridges could more than double.
Banks and homebuilders see business opportunities in zoning changes that will allow significantly more Cape Cod residents to carve rental units out of their houses with a significant reduction in red tape.
Scott Van Voorhis’ one-sided, Jan. 9 column stereotypes Cape Cod residents who care about building the housing we need while also preserving open space that our families deserve.
As they grapple with one of the worst housing shortages in the country, one of Cape Cod’s top housing advocates is looking for help from a seemingly unusual source.
Redfin’s monthly analysis of national-level mortgage rate-lock data shows demand for second homes has definitely cooled from last year, but it’s still elevated compared to the pre-pandemic norm.
Cape Cod’s housing woes run much deeper, literally, than the problems facing other communities across the state.
