Recent statistics released by the Realtor Association of Pioneer Valley indicate a 8.9% increase in home sales in the region but a 3.5% drop in sale price last month. In Hampden County, home sales rose 14.2% in a year, from August 2011 to August 2012. Throughout the State, a similar trend is being observed. A recent report by the Warren Group found that single family home and condominium sales in Massachusetts rose 20% and 40% respectively over August. This is ...Continue Reading → Share
Last night, the Redevelopment Committee was briefed by the Massachusetts Department of Housing and Community Development, Deputy Undersecretary, Arthur Jemison and staff from the City of Holyoke Office of Community Development and Office of Planning & Economic Development on the development of a new program to attract market-rate housing to the Center City. The state released the regulations on the Housing Development Incentive Program (HDIP) last month in an effort to attract a mix of housing types to Massachusetts Gateway Cities and ...Continue Reading → Share
Mayor Alex Morse today announced a new planning process between the City, the Holyoke Housing Authority and several state partners. His announcement is replicated below:
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“Throughout my first months as mayor, a major priority of my administration has been the redevelopment and revitalization of Holyoke’s downtown. One issue in this effort has galvanized public attention and stirred emotions like no other: the redevelopment of Lyman Terrace. Most everyone concedes that the current state of the Lyman Terrace buildings is unacceptable; its ...