State Destination Development Capital Grant to Support Tourism

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BOSTON, Mass. —  The Executive Office of Economic Development (EOED) and the Massachusetts Office of Travel and Tourism (MOTT) have announced the Destination Development Capital (DDC) Grant program for fiscal year 2025.  
 
Destination Development Grants are included in the economic development plan, "The Mass Leads Act: An Act Relative to Strengthening Massachusetts' Economic Leadership," as a strategy to support critical capital improvements at tourism assets across Massachusetts. 
 
The FY25 DDC grant program is anticipated to be funded at up to $5 million through the Capital Budget. The competitive grant program will award funds to strengthen the economy of Massachusetts through destination development projects that enhance tourism sustainability and have the potential to increase non-resident visitation. Preference will be given to projects related to climate resiliency, rural communities, cultural districts, and the 250th anniversary of the American Revolution.   
 
"Massachusetts is a top travel destination with a diverse array of attractions, including remarkable historical landmarks, beautiful national parks, and vibrant communities," said Governor Maura Healey. "Through the DDC grant program, we're dedicated to enhancing our tourism and cultural sectors, aiming to attract more visitors from across the country and the world to experience all that Massachusetts has to offer for years to come." 
 
Eligible projects will enhance tourism resources and infrastructure. Applications will be accepted for projects that include plans to expand, construct, restore or renovate Massachusetts tourism destinations and attractions. Applicants must demonstrate how the tourism capital project will work to promote the tourism goals of the Massachusetts Office of Travel and Tourism and the Regional Tourism Councils. DDC grants are focused on capital improvements with a direct relationship to tourism, and other physical/structural items with a greater than five-year lifespan. All projects must be completed by June 30, 2025. 
 
Any public agency, municipality, or nonprofit organization incorporated in Massachusetts with 501(c)3, 501(c)5, 501(c)6, status from the Internal Revenue Service (IRS) that does one of the following are eligible to apply: Produces, promotes, or presents tourism attractions and activities for the public; Provides public access to physical collections and exhibits for tourists and meets other eligibility criteria can apply. 
 
The FY25 Destination Development Grant Program opened on April 22, 2024, with applications due May 31, 2024. Applications must be submitted through MOTT's Online Application Portal. Grant awards are anticipated to be announced in June 2024. 
 
DDC guidelines and information is available at visitma.com. An informational session about DDC Grants will be held via Zoom on Wednesday, May 1, at 10 a.m. To register, contact Marc Zappulla, Marc.Zappulla@mass.gov.  
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Pittsfield Tax Rate May Drop But Bills Rise

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — Mayor Peter Marchetti has proposed a decrease in the city's tax rate but because of rising property values, the average homeowner will see an annual increase of more than $350.

There will be a tax classification hearing during Tuesday's City Council meeting, which begins at 6 p.m.

For fiscal year 2025, the first-year mayor has put forward a residential tax rate of $17.94 per $1,000 of valuation and a commercial, industrial and personal property tax rate of $37.96 per $1,000 of valuation.  
The rates use a residential factor of 0.827103 at a shift of 1.75 to the commercial side.

The $114,615,097 levy limit for fiscal 2025 includes $2,726,686 in new growth, a 4.72 percent increase from the previous year. Pittsfield's real and personal property valuation is $5,270,539,121.

In one year, the average residential property value has increased by $27,377, the median residential property by $22,850, and the median commercial property by $12,750.

The proposed residential rate is 51 cents lower than FY24 and the proposed commercial rate decreased by $1.65. In FY25, the average single-family home is valued at $295,291 for a tax bill of $5,297.52 annually, compared to the average FY24 home valued at $267,914, which paid $4,943.01.

The 7.17 percent increase would shake up to about $30 additional dollars per month for homeowners.  The bill hike is less than FY24, which raised annual taxes by $397.82 for the average homeowner.

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