Boston Mayor's Agenda Prioritizes Middle Class Housing Affordability

Boston is experiencing a period of brisk residential construction—most of which will enter the luxury market. New Mayor Martin Walsh has set the creation of middle class housing as a top priority for the city.

"Mayor Martin J. Walsh, in his first major real estate development initiative, is seeking to dramatically increase production of middle-income housing in Boston as the region’s red-hot property market pushes prices beyond the reach of most average wage earners," reports Casey Ross.

Although there are 6,600 rental and ownership units currently under construction in Boston, only "about 22 percent are considered affordable to households earning between $50,000 and $100,000 a year," writes Ross.

"In downtown Boston, for example, prospective buyers with household incomes of $80,000 could have afforded just 1.7 percent of the homes sold. In the South End, about 2.9 percent of transactions would have been within the reach of those house hunters."

A working group has been assembled, working with the Metropolitan Area Planning Council, to create recommendations for the problem, which should be available in coming weeks. For a preview of what to expect from those recommendations, "Walsh administration officials said they will seek to spur more middle-income housing production in outlying neighborhoods such as Allston, Brighton, Dorchester, Roxbury, East Boston, Hyde Park, and Roslindale."

Full Story: Walsh pushes for middle-income housing

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00
DVD Cover of The Story of Sprawl

The Story of Sprawl

See how America changed shape in this collection of historic films that visually document how sprawl evolved.
$29.99 for 2-DVD SET