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Form 13844 Lowell Massachusetts: What You Should Know
A. Detour Institute of Urban Affairs to develop a Comprehensive Community Forecast Model. The model should serve as a reference resource to assess the ability of various community development, redevelopment and housing programs to promote community livability and stability. The City, along with several other jurisdictions, will submit its data to the State so that it can make local, state and federal assessments of the Commonwealth's economic development programs. The purpose of the Community Forecast Model is to provide the Commonwealth with accurate and timely information in an effort to enhance government policies and to better understand and evaluate development programs and projects to assure the best overall use of public resources and to provide public awareness and opportunity for communities to participate in decisions that shape how and where they live and to address their housing and development needs. The model's key components include: (i) information on city policies and programs. (ii) property values, trends and demographics. (iii) population demographics. (iv) housing finance statistics. (v) regional and state economic indicators. (vi) property tax trends and data. (vii) neighborhood planning processes and data. (viii) housing finance issues. The model's projected results should guide planning and development of development and housing programs for the city and surrounding communities, and also serve as an educational tool for community stakeholders. The model will also create a set of baseline statistics and information for measuring progress in a range of housing, economic, and demographic indicators. All analysis, data, results and conclusions must be kept confidential and may be published or shared only by the state in which the data was collected.
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