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Town grapples with housing crisis and tax burdens

July 23, 2024 | Milford Boards & Committees of Selectmen, Milford, Hillsborough County, New Hampshire


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Town grapples with housing crisis and tax burdens
During a recent government meeting, officials discussed pressing issues surrounding housing, taxation, and transportation in the community. A significant concern raised was the potential lack of available housing units once a new development opens, with fears that it could quickly reach capacity, limiting opportunities for businesses to expand and attract employees.

Participants highlighted the financial implications of new apartment developments, noting that they could shift an estimated $15 million in tax burdens onto single-family homeowners over the next decade. The discussion pointed to a broader concern about the sustainability of rental properties, which are perceived as not contributing positively to the town's tax revenue. The rising costs associated with education were also emphasized, with the current expenditure per student reaching over $19,000, raising questions about the long-term viability of such developments.

The conversation shifted to the challenges of walkability and traffic in the downtown area, particularly around the oval. Officials acknowledged the need for improvements to pedestrian infrastructure, including wider sidewalks and better visibility, to enhance safety and encourage foot traffic. The upcoming construction project aimed at addressing these issues was noted as a potential solution to alleviate congestion and improve the overall aesthetic of the area.

Additionally, the meeting touched on the importance of preserving local farms, which contribute to the town's rural character. Concerns were raised about farmers being priced out due to taxes, prompting discussions on how to support agricultural land use in the face of urban development pressures.

As the meeting concluded, officials recognized the need for a comprehensive approach to land use and transportation, with plans to revisit these topics in future discussions. The potential for creating a more inviting downtown experience, akin to successful tourist destinations, was also suggested as a way to enhance community appeal and economic vitality.

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