As surprising as the election results were in Massachusetts, the one result that was positive for the Commonwealth was that the people voted to preserve the Affordable Housing Law also known as 40(B).
I campaigned as though my life depended on the results and as I spoke to many potential voters it was clear that most were confused by the disingenuous explanation put forth by the author of the referendum. Some had no clue that there was such a question even on the Ballot. Many disliked 40(B) due to misinformation and were receptive after a short but accurate explanation. Most, by one way or the other, voted to keep the Law as better than none although most agree that it is not perfect. Even Holliston voted in the majority to keep Affordable Housing. An endorsement that I would like to accept personally as a thumbs up on Cedar Ridge Estates.
So now Green View Realty has survived an unexpected milestone added to the many that were known at the outset and while there are more to go I believe we are past the worst and most onerous of them.
The economy still looms as a significant cause for hesitation however the bottom of a decline and beginning of a recovery is a good time to proceed as new home construction is a leading economic indicator and it is the catalyst that fuels a recovering economy.
While the Town of Holliston may pursue their justifiable opportunity to appeal the decision of the Superior Court the case they present will be the same repetitive argument that the Town has been thrice proffered and twice lost.
Smart money will ignore this “appeal without potential” and continue to advance the project toward the next milestone: that of shovel ready.
Green View Realty will now execute the next steps preparing the project for a start of construction by the spring of 2012.