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Boston Reconsidering its Inclusionary Zoning Formula
Boston has set the same inclusionary zoning requirements for 19 years, and after a busy 2018, the city could be set to require even more affordable housing with each new development.
"The Boston Planning & Development Agency is pushing ahead with a long-discussed review of its Inclusionary Development Policy, which requires most housing developers to set aside 13 percent of units in new buildings at affordable rents, or pay money into the city’s affordable housing funds," according to Logan.
According to Logan, Boston Mayor Martin J. Walsh is facing pressure to require more affordable homes from new developments, even after the program delivered 546 inclusionary units in 2018, with another 834 under construction or permitted.
To figure out a potentially new inclusionary zoning formula, the city has hired a consultant and is preparing to launch o series of outreach efforts. The hope is to have a new inclusionary zoning plan ready for consideration by both the Boston Planning & Development Agency's board and the City Council by the end of the year.
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Published on Tuesday, March 26, 2019 in
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