Curbing Speculative & Large-Scale Development
-
Current State of the City
Over the past decade, Haverhill has seen an influx of large-scale residential and mixed-use developments, many approved with minimal resistance from City Hall. While some of these projects have brought new residents and economic activity, they have also created serious challenges:
Overcrowded Schools: Classroom space is limited, forcing schools to rely on portable classrooms or overcrowded conditions.
Traffic Congestion: New developments have increased vehicle traffic, particularly in areas already struggling with bottlenecks.
Strained Utilities: Our water and sewer systems are at their limits, with pressure drops and overflows becoming more common.
Loss of Community Character: Large, luxury developments often cater to higher-income renters and out-of-town investors rather than local working families.
Speculative Buying: Private equity firms and corporate landlords are purchasing single-family homes, driving up prices and reducing opportunities for first-time buyers.
The current model favors quick developer profits over long-term community stability. Without intervention, Haverhill risks becoming unaffordable for its own residents.
-
Vision for the Future
A city where:
- New development happens responsibly and strategically.
- Working families can afford to live in the neighborhoods they grew up in.
- Infrastructure is upgraded before, not after, new projects are approved.
- Local ownership is protected, preventing speculative investors from monopolizing the housing market.
-
Plan of Action
Temporary Development Moratorium
- Pause approvals for large-scale residential projects until updated infrastructure impact studies are complete.
- Exempt small-scale, resident-owned projects that enhance existing neighborhoods.
Inclusionary Zoning Ordinance
- Require all major developments to include a percentage of affordable units.
- Tie affordability to local income levels, not Boston-area metrics.
Ban on Private Equity Purchases of Single-Family Homes
- Introduce an ordinance restricting non-local corporate entities from buying up single-family homes in bulk.
- Offer incentives for local first-time homebuyers.
Developer Infrastructure Accountability
- Require developers to fully fund necessary water, sewer, road, and public safety upgrades tied to their projects.
- Enforce these requirements through binding development agreements before any permits are issued.
Neighborhood Impact Hearings
- Mandate public hearings for any project exceeding a set size threshold.
- Give residents a formal role in shaping development conditions.