SalemNews.com, Salem, MA

Local News

October 1, 2012

Council president backs Beverly tax plan

(Continued)

At 80 percent of median income, the people who would move in would be teachers, police officers and bank clerks, Main Streets says.

Because Beverly is over the 10 percent threshold for affordable housing, a developer could apply for a waiver to have fewer affordable units, Wallace said.

The City Council will meet tonight but is not scheduled to discuss the Rantoul Street proposal. The matter is still under discussion in the council’s Finance and Property subcommittee.

Councilors are considering such issues as how much of a tax break should be offered if the proposal passes, and whether measures can be taken to protect historically significant buildings in the district.

Staff writer Paul Leighton can be reached at 978-338-2675 or pleighton@salemnews.com.

Text Only | Photo Reprints
Local News

AP Video
Couple Channel Grief Into Soldiers' Retreat WWI Aviation Still Alive at Aerodrome in NY Raw: Rescuers at Taiwan Explosion Scene Raw: Woman Who Faced Death Over Faith in N.H. Clinton Before 9-11: Could Have Killed Bin Laden Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction Malaysian PM: Stop Fighting in Ukraine Cantor Warns of Instability, Terror in Farewell Ravens' Ray Rice: 'I Made a Huge Mistake' Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN
Comments Tracker