Danvers officials are taking significant steps to enhance affordable housing in the community, as outlined during the Planning Board meeting on March 11, 2025. The board discussed four primary goals aimed at sustaining and improving the town's housing landscape, which are crucial for meeting the needs of residents.

The first goal focuses on maintaining Danvers' compliance with Massachusetts General Law 40B, which mandates that at least 10% of a community's housing stock be affordable. Officials emphasized the importance of ongoing efforts to keep this percentage stable, as any new housing units added will require corresponding affordable units to maintain compliance.

Addressing the needs of seniors and individuals requiring accessible housing is the second goal. With over 10,000 housing units in Danvers, a significant portion consists of single-family homes, leaving limited options for those looking to downsize or seek different living arrangements. The board acknowledged the need for more diverse housing options to cater to these demographics.

The third goal aims to promote housing production that fosters local wealth. Discussions highlighted the potential benefits of affordable homeownership, which could provide residents with equity over time, contrasting with rental options. The board has been exploring ways to encourage affordable homeownership, drawing inspiration from successful models like Habitat for Humanity.

Lastly, the board is looking to leverage key sites for mixed-income and affordable housing development. This includes exploring opportunities along the Endicott Street Corridor and considering the repurposing of town-owned properties for new housing projects.

As the planning process continues, officials are actively seeking public feedback to refine these goals and strategies. The board reassured residents that there is no rush to finalize plans, emphasizing the importance of community input in shaping the future of housing in Danvers. The next steps will involve further discussions with various stakeholders to determine which initiatives will move forward based on community consensus.