Age restrictions removed, local affordable developments selling

Full story: Lowell Sun 7
There was a time when 55-and-older housing developments were all the rage in many communities. Full Story
Violation of Contract

Plymouth, MA

#1 Aug 29, 2008
What about the over 55's that bought into the development? Being told that it was over 55, and now that anybody can buy in? Thats a violation and breech of contract, a persons word means nothing nowadays.
Me To

Salem, MA

#2 Aug 29, 2008
Your right.. Buyer beware.
Ginny

Boston, MA

#3 Aug 29, 2008
Sadly, it's often the wetlands and endangered species living there that suffer most. Developers get by some restrictions, and vernal pools and other fragile wetlands are destroyed, and critical habitat to species' survival is forever gone.
Corey

United States

#4 Aug 29, 2008
Not entirely related, but I always wondered if anybody who bought condos in MillView on Middlesex St @ the North Chelmsford / Lowell line got upset when they tore down the mill :-)

My favorite description on how to name a subdivision is to name it after what used to be there before you bulldozed it.
realistic

Salem, MA

#5 Aug 29, 2008
Over 55 projects now in the works should not be allowed to get a by-law change. You talk about a "bait and switch".
The hell with the developers,but money talks,and Joe Blow gets the shaft again.
Concerned Citizen

Ocean Bluff, MA

#6 Aug 29, 2008
This is not about the developers. They get to skirt all the zoning laws via 40B, and now they want to change anything else in the permit in order to maximize profits based the economy and moon phase. Nuts to them.
Let's follow the buck here. Who is on CHAPPA's board of directors; the senior managers of the Massachusetts banks whom will be lending the money to the developers and getting paid back with interest...
Groton abutter

Pepperell, MA

#7 Aug 30, 2008
DHCD/CHAPA is the start of obtaining golden tickets for the 40B gravy train. They gave the eligibility letters for these age restricted 40bs. Next golden ticket stop? Overworked, naieve volunteer zoning boards advised by CHAPA consultants with questionable motives.
Abutter lawsuits responsible? I think not - In fact, we'll be waiting for our Golden thank you note for saving a developer from certain foreclosure...

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