Boston Seeks to Build 30,000 Housing Units by Decade's End
Crafted with the help of an advisory panel and three working groups, [t]he blueprint relies on a mix of public and private investment sources, such as selling vacant public property for housing," writes Benjamin Swasey. "The plan also seeks a 2014 ballot referendum on the Community Preservation Act, which would allow the city to add a 1 percent surcharge on real estate tax bills. That money would then fund affordable housing in Boston."
"With its report, the city is also looking to reduce private building costs. Steps include smaller unit size standards and relaxing requirements on parking availability," adds Swasey.