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MASSBIDS ASSOCIATION
Posted on June 2, 2019June 2, 2019

Business Improvement Districts seek fund services that are needed to make downtowns economically viable. BIDs provide for a professional management entity that can implement identified activities that are needed to make the area more economically viable. They also provide for a funding source to ensure that the management and services are sustained. Communities are authorized to establish BIDs under M.G.L. Chapter 40O. A BID must be a contiguous geographic area in which at least 75% of the land is zoned or used for commercial, retail, industrial, or mixed uses. A BID is established through a local petition and public hearing process.

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