1 Day
Source:
The Boston Globe
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Boston, Cambridge, Somerville stick to affordable housing rules
The article discusses how inclusionary zoning policies in Greater Boston require developers to set aside a percentage of new housing units as affordable, which has historically supported the creation of affordable homes. However, with rising construction costs and economic challenges causing a slowdown in new development, some city officials and developers are questioning the impact of these requirements. Lawsuits and financial difficulties have been linked to the affordability mandates, prompting debates over whether to ease or maintain current regulations, as policymakers emphasize the importance of affordable housing amidst a sluggish construction market.
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