By John Lee Grant |
Little River dam and falls at Winter Street in Haverhill. (WHAV News photograph.)
The Haverhill City Council last night agreed to expand the city’s Housing Development Incentive Zone, a move that has the potential to bring more market rate housing into the downtown area.
The existing zone was developed back in 2013 under the state’s Housing Development Incentive Program, which provides tax incentives to developers who undertake new construction or substantial rehabilitation within that zone. The current zone encompasses most of the downtown area, including Merrimack, Washington and Winter Streets and Mayor James J. Fiorentini says the program has been a great success.