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New Bedford’s Housing Crunch Deepens | New Bedford News
New Bedford’s housing market is tightening fast, with just 16% of households earning enough to afford a typical mortgage—highlighting soaring prices and stalled homeownership dreams. City leaders are pushing back with bold moves: slashing parking requirements for new developments, advancing zoning reforms to boost supply, and even putting rent control on the ballot (though one proposal was disqualified). With $2.5 million in federal funding incoming and “infill” zoning gaining traction, officials are racing to balance growth with affordability—while residents feel the pressure daily. Listen…
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