Issue No. 25 Winter 2006
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Tools for Housing and Economic Development
 
 
The AHP-funded Arlington Village in Arlington, Vermont.



Only a few moments spent prior to the commencement of construction considering what land might be preserved and how it might connect to open space set aside by others could yield immeasurable benefits.

Development and Preservation

By David Parish

The Federal Home Loan Bank of Boston's (the Bank) support for affordable housing and community economic development is contained within a broader commitment to the physical environment of New England.

Even with the challenging weather and high cost of living, many people find New England a desirable place to live. While there are many components to the region's desirability, a major factor is the historically harmonious relationship between the natural and built environments. Although there are plenty of examples of developments that assault rather than complement the environment, it is still possible throughout the region to turn a corner and be struck by a sense of harmony between what has been built and what has been preserved.

Today, however, the New England landscape is in danger - not only from poor-quality development but, ironically, from the comfort of our housing. While far too many families still live in unsafe and unappealing housing, many others, including residents of Bank-supported affordable housing, live in secure and comfortable physical environments. Good housing provides protection from the elements and an ever-expanding range of comforts and entertainment options. Increasingly, people venture outside only to travel to another inside environment. The notion of being outside for the pleasure of being outside is becoming an antiquated concept.

We are paying an ever-higher price for our separation from the natural world. The health consequences of a lack of outside activity have been well documented. Of equal importance, but less well understood,
is the relationship between our distance from the natural world and increased levels of stress and anxiety.

We need to connect both physically and conceptually to open space. Too often, open space is simply land left over after development - isolated, unloved, and unconnected. Only a few moments spent prior to the commencement of construction considering what land might be preserved and how it might connect to open space set aside by others could yield immeasurable benefits. The social and economic rewards of thoughtful land preservation are too great for us to remain inattentive.

David Parish is member services representative at the Federal Home Loan Bank of Boston.

 

multimedia profiles
Rebuilding a Community Block by Block In the second installment of an ongoing profile, construction begins on the conversion of an historic mill complex into housing to help revive one of Providence's oldest neighborhoods.

housing events

Ground-Breaking John A. Moore, senior vice president, CRA officer at Bangor Savings Bank, addresses attendees at the Brick Hill Cottages ground-breaking in South Portland, Maine. Seated, from the left: John T. Eller. senior vice president / housing and community investment, Federal Home Loan Bank of Boston; Dale McCormick, director, Maine State Housing Authority; Rep. Thomas H. Allen (D-ME-1); and Dana Totman, president and CEO, Avesta Housing.
departments

2005 Round Two AHP Awards
2005 Round Two AHP Awards Summary
Housing News in Brief
Staff Changes at the Bank
Download the Print Version (PDF)


Tools Archive
Issue No. 24 Summer 2005
Issue No. 23 Winter 2005
Issue No. 22 Fall 2004