Page 4 THE EVERETT ADVOCATE – Friday, March 22, 2019 We accept: MasterCard *Visa * & Discover $ 3.45 GALLON dine drink gather enjoy THE NORTH SHORE'S HOTTEST NIGHTCLUB! MARYBETH MAES BAND IN THE MUSIC HALL Friday, March 22 IN THE MUSIC HALL Saturday, March 23 TANGERINE 2.57 100 Gal. Min. 24 Hr. Service 781-286-2602 Price Subject to Change without notice Rep. McGonagle addresses Housing Authority officials at State House A s the Vice Chair of the Joint Committee on Housing, State Representative Joseph McGonagle advocated for increased state support of public Housing at the 37th Annual Legislative Information Day sponsored by the Massachusetts Chapter of the National Association of Housing and Redevelopment Officials (MassNAHRO) earlier this month. McGonagle has been a strong Friday, March 29 Brian Maes 5:15 PLAYS Tim Archibald "Old" Tony DiPietro David Fischer IN THE MUSIC HALL Friday, April 5 HIGHWAY SOULS EXCLUSIVE ENGAGEMENT Saturday, April 6 IN THE MUSIC HALL Saturday, March 30 KISS FOREVER Kiss Tribute Band advocate for increasing access to affordable housing for the people of Everett. Last July he was a part of a group of legislators who helped pass a $1.8 billion affordable housing bond bill to increase housing production and preserve housing affordability. “Housing is one of the most pressing issues in our community, and a shortage of public housing is creating serious consequences for the residents of Everett,” said McGonagle. “For every opening in public housing, there are around 1,000 applicants; this crisis is putting many families, seniors, veterans and disabled people in jeopardy. We have made great strides in the state legislature, but we need to do more to ensure affordable housing for all.” State Rep. Joseph McGonagle is with Stephen Kergo and Joseph Dorney of the Everett Housing Authority at the 37th Annual Legislative Information Day sponsored by the Massachusetts Chapter of the National Association of Housing and Redevelopment Officials. (Courtesy Photo) At the event, MassNAHRO stressed how local public housing is the state’s most cost-effective housing for low-income seniors, families and the disabled. The average subsidy is currently $130 per unit per month, but the cost of a shelter is approximately $3,000 per person per month. Freezing the subsidy at the present level is the equivalent of a 6.9 percent cut. Local housing authorities are struggling to fulfill their mandate to provide safe, decent and sanitary housing on budgets that are tightly stretched. McGonagle is committed to improving the public housing shortage in Everett, and he is looking forward to partnering with local and state officials to address the housing crisis. He may be reached at the State House at Joseph.McGonagle@ mahouse.gov. IN THE MUSIC HALL Friday, April 12 FUNBUCKET S & P Global assigns Everett’s long-term bond rating to one of its highest levels O Special Guests: CHARING CROSS 221 Newbury Street, Danvers For Tickets call (978) 774-7270 or www.breakawaydanvers.com Everett Aluminum 10 Everett Ave., Everett 617-389-3839 Owned & operated by the Conti family since 1958 • 57 Years! “Same name, phone number & address for family since 1958 • 61 over half a century. We must be doing something right!” •Vinyl Siding •Free Estimates •Carpentry Work •Fully Licensed •Decks •Roof • Fully Insured • Replacement Windows www.everettaluminum.com •Roo ng Now’s the time to schedule those home improvement projects you’ve been dreaming about all winter! n Monday, March 18, Mayor Carlo DeMaria announced that Standard & Poor’s Global Ratings assigned its ‘AA+’ long-term rating to the City of Everett for the third year in a row. S & P cited the city’s strong management, strong budgetary performance with operating surpluses, very strong budgetary flexibility, very strong liquidity, and low overall net debt. S & P also highlighted the DeMaria administration’s formal five-year, long-term capital and operating projections; and regular reporting on city finances with budget-to-actuals submitted to the City Council monthly and investment statements shared quarterly. The rating continues to be driven by the development of the $2.6 billion Encore Boston Harbor resort-casino, which has had a notable effect on property values and will add $25 million in annual recurring revenues to the city’s coffers once complete, which will increase by 2.5% annually. The casino is one of three licensed in the state under current legislation and will be the closest casino to Boston. S & P GLOBAL | SEE PAGE 6 Spring!
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