City Funds Three New Affordable Housing Site Acquisitions
In the months of April, May, and June, the Trust supported nonprofit partners in securing 16-28 Porter Street, 1648 and 1654 Massachusetts Avenue, and 729, 735-755 Concord Avenue. As the housing crisis continues both regionally and nationwide, Cambridge continues to work toward ambitious and meaningful affordable housing goals.
FY24 Understanding Your Taxes Newsletter
The establishment of the Fiscal Year 2024 (FY24) property tax rate by the Board of Assessors, subject to the approval of the Massachusetts Department of Revenue, is the final step in the fiscal process that begins with the submission of the annual budget to the City Council. The City’s Operating and Capital Budgets, property classifications, and property valuations are major factors in determining property tax bills.