There’s surely no ulterior motive to get the government into being the bank for all the citizens, controlling their money, right?
Massachusetts creates ‘green bank’ to help tackle climate change, housing crunch
Massachusetts is launching what Gov. Maura Healey described Tuesday as the nation’s “first green bank dedicated to affordable housing” — an effort to address two of the state’s top challenges: grappling with the effects of climate change and easing a dire housing market.
The goal of the $50 million Massachusetts Community Climate Bank is to increase investment in the reduction of greenhouse gas emissions from the building sector, focused in large part on affordable and public housing developments, said Healey, a Democrat.
“Other states have started climate banks. Ours, though, is the country’s first climate bank that is dedicated to housing — affordable housing in particular. That is the primary focus,” she said at a Statehouse press conference. “We’re centering environmental justice for folks hit hardest by the climate impacts and high energy costs.”
In Massachusetts, buildings account for more than 25% of greenhouse gas emissions — a number that rises to about 70% in the state’s larger, densely-populated cities, Healey said.
And this would allow the government the ability to dictate the building projects. Nice little schtick, eh?
Boston Mayor Michelle Wu, also a Democrat, said it’s important not to address climate change in isolation, but to see it as part of a range of challenges facing Boston and the state in general.
“Fossil fuel-free housing is one of those critical intersections where climate, quality of life, health equity and economic justice meet,” Wu said, adding that Boston is one of the cities where buildings account for about 70% of greenhouse gas emissions.
Sounds like BS to me, and all about government controlling everything via the ‘climate change’ push.
The state dictating how ‘affordable’ housing is built; what could possibly go wrong?
The states have done this before, but they were called housing projects. How well did those turn out?
The
global warmingclimate change activists want more people to move into densely populated urban areas, where they can take advantage of public transportation. But, shockingly enough, housing costs much more in the cities, so people will be poorer as a result.This is what $70,000 will buy you in Philly:
Dana
People having been moving from rural areas to urban areas for hundreds of years.
Rural America has been losing it’s population for decades, especially young people who move to cities for increased educational, work and social reasons. Certainly if you live in a rural area that must be obvious to you. The average age in rural areas is almost years older than urban areas.
Rural areas also have higher rates of suicides, one of the main causes being loneliness.
People in NYC live an average of over 83 years. For older Americans that may be important.
Yes, lol, that Philly home apparently has a fair market value of $70000, while in some rural areas states are trying to give away vacant houses.