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The HERO Bill Can Help Us Tackle Both the Housing Crisis and the Climate Crisis

Testimony in support of H.2894 & S.1799 An Act providing for climate change adaptation infrastructure and affordable housing investments in the Commonwealth from Caroline Bays of Progressive Watertown

Chair Moran, Chair Cusack, and Members of the Joint Committee on Revenue:

Thank you for hearing my testimony.

My name is Caroline Bays and I have been a city councilor in Watertown for 6 years. Over the last few years several things have become clear – we have several existential issues facing us and we cannot address them without your help. 

Watertown, like most of eastern Massachusetts, is experiencing a housing crisis that is not going away. It is only getting worse. In just the six years I have been a councilor I have witnessed the city transform from a mixed class city with a wide variety of residents to a relatively rich extension of Cambridge. Our housing crisis extends to both the big A and little a affordable and we are going to have to come up with more innovative ways – and more money – to address the increasingly drastic issues of displacement we are experiencing.

But we have two existential crises facing us. Our city is very concerned about climate change and Watertown has passed a very aggressive climate action plan in our attempt to do our part to address the climate crisis, but in order to get to where we need to be by 2050 we will need money to implement our plan. We have hundreds of action items on our to-do list, and it ranges from comparatively small financial commitments, such as adding more street trees and EV chargers to incredibly expensive commitments such as retrofitting all of our municipal buildings to make them greener and creating a green municipal fleet. We need money for all of it. And it will mean multi-millions of dollars in investment. 

The HERO Bill is one low impact mechanism to help generate the money we need to meet our commitments. It is a comparatively small fee but it will generate money that can have a large impact on cities and towns, by helping us to meet our housing and climate goals. 

I will be delighted if you pass the enabling act for the transfer fee and I support that bill wholeheartedly, but that will not be enough. We are facing the humanitarian crisis of homelessness and the existential crisis of climate change. Now is the time for action and all of us in Watertown are doing our best to meet these crises, but we need your help. On behalf of my city and others across the Commonwealth, I am asking for your support. I urge you to report H.2894 & S.1799 out favorably so the state can raise the funds which will help our towns and cities do our part to implement the solutions we all know we need.

Thank you for hearing my testimony.

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