Select Board members favor Foster credit for debt
Hingham's Select Board discussed putting a $3.7 million federal tax credit from the Foster School geothermal system toward project debt.
Select Board · Meeting of October 27, 2026
Hingham's Select Board discussed putting a $3.7 million federal tax credit from the Foster School geothermal system toward project debt. Member Julie Strehle proposed adding it to the stabilization fund through a spring Town Meeting warrant article, and member William Ramsey called it "a great suggestion." No vote was taken. Affordable Housing Trust Chair Jack Falvey and Jennifer Orem told the board the town sits at about 10.28 percent against the 10 percent state affordable housing threshold.
A budget task force update described a one-year bridge agreement for fiscal 2028 and a Medicaid-funded special education reserve. The board approved two sets of minutes 3-0.
In the full story:
- Call to Order and Minutes
- Subsidized Housing Inventory
- Application of Inflation Reduction Act Tax Credits
- Sustainable Budget Task Force Update
- Appointments, Public Comment and Reports
- Who Was There
- Organizations And Documents Referenced
- The complete report: 1,448 words
Source: the Select Board meeting of October 27, 2026, reported from the official video recording and transcript.
Checked against the record: before publication this article was automatically compared with the meeting transcript.
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