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MAYOR JANEY FILES HOME RULE PETITION FOR PAYMENTS OF TWO PERCENT ON REAL ESTATE TRANSACTIONS OVER $3 MILLION TO SUPPORT AFFORDABLE HOUSING

MAYOR JANEY FILES HOME RULE PETITION FOR PAYMENTS OF TWO PERCENT ON REAL ESTATE TRANSACTIONS OVER $3 MILLION TO SUPPORT AFFORDABLE HOUSING
boston.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.gov Daily Mail and Mail on Sunday newspapers.

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MAYOR JANEY ANNOUNCES $30 MILLION IN GRANT FUNDING AVAILABLE FOR AFFORDABLE HOUSING

MAYOR JANEY ANNOUNCES $30 MILLION IN GRANT FUNDING AVAILABLE FOR AFFORDABLE HOUSING
boston.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.gov Daily Mail and Mail on Sunday newspapers.

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What The Mayoral Candidates Have To Say About Housing In Boston

A recent poll sponsored by WBUR found that housing was second only to the pandemic as a priority for Boston voters and the poll found 76% support some form of rent control. ....

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April 2021: Latest updates from the Department of Neighborhood Development

Linkage Increase Signed Into Law
Last month, the City signed a 42 percent increase in Boston’s Linkage fees into law. The Linkage Program requires large scale commercial developments of more than 100,000 square feet in Boston to pay into funds that support the creation of affordable housing and workforce development. The increase will raise the current fees to $15.39 per square foot, of which $13.00 will be dedicated to affordable housing and $2.39 will be dedicated to workforce training. The funds collected through Linkage are administered by the Neighborhood Housing Trust through the Department of Neighborhood Development (DND) and the Neighborhood Jobs Trust through the Mayor s Office of Workforce Development. Since 2014, the Linkage program has generated over $80 million to support affordable housing and job training from new development. ....

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Boston allocates over $34 million to build and preserve 841 affordable housing units - New Developments

mark.gartsbeyn
March 15, 2021 7:04 pm
Boston has earmarked $34 million to build and preserve 841 affordable housing units across the city, Mayor Marty Walsh announced earlier this month.
The new funds, which are roughly equal to the cost of a single Back Bay penthouse sold last year, will go toward creating 608 new income-restricted units and preserving 233 existing units. Nearly 200 of those units will be set aside as permanent housing for people and families who are homeless, and others are reserved for seniors and adults recovering from substance use. Some units will be available to own instead of rent.
“Everyone deserves a place to call home, and this funding will go a long way towards making that reality for so many people,” Walsh said in a statement. ....

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