Economy

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Mayor Mitchell presents New Bedford’s FY 2024 Budget, healthcare reform to manage tax burden

“New Bedford, Massachusetts – Mayor Jon Mitchell presented his Fiscal Year 2024 City Budget to the New Bedford City Council on Wednesday, May 17, 2022. In total, the Fiscal Year 2024 budget totals $513,169,319, of which the General Fund is the largest component at $458,910,392. A Careful, Conservative Spending Blueprint …

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Massachusetts residents lost $525 Million via competitive electric supply contracts in last 6 Years

“New Report Finds Consumers Continue to Lose Millions of Dollars from Contracts with Suppliers and That Consumers in Low-Income Communities, Communities of Color and Gateway Communities Are Disproportionately Harmed. Massachusetts Attorney General Andrea Joy Campbell released a report that found that in the last six years, individual residential customers who …

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Massachusetts to receive $131 million in federal funding for water infrastructure

“Senators Edward J. Markey (D-Mass.) and Elizabeth Warren (D-Mass.) today celebrated an announcement from the U.S. Environmental Protection Agency (EPA) that Massachusetts will receive more than $105 million in federal funding through the Drinking Water State Revolving Fund (DWSRF) and $25 million from the Clean Water State Revolving Fund (CWSRF) …

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Massachusetts Gov. Healey’s $389 million supplemental budget includes shelters, child care, food security

New law provides needed funding for shelters, food security and child care, while also extending several COVID-era programs and policies. “Governor Maura T. Healey signed a $388.7 million supplemental budget for Fiscal Year 2023 that provides critical and timely resources to the state’s family shelter system to meet surging demand, …

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City of New Bedford unveils housing plan, housing instability relief, affordability

“Mayor Jon Mitchell joined other city officials and community leaders in announcing today Building New Bedford: Strategies to Promote Attainable Housing for All in a Thriving New Bedford, [attached] a comprehensive housing plan that outlines actions the City is taking to stimulate new housing development, reactivate underutilized properties, and relieve …

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