A new city report provides data on the number of affordable housing units built in the city of Boston as a result of the Inclusionary Development Policy.
"Boston’s building boom is bringing more affordable housing to some of its most affluent neighborhoods," according to an article by Tim Logan.
"A city program requiring developers to include low-cost apartments in or near their buildings has created more than 400 units of affordable housing in the Seaport and in South Boston since 2000," adds Logan, referring to figures released by the city this week.
The effects of the program, the Inclusionary Development Policy, extend beyond the two neighborhoods listed above. In total, private developers have built 1,737 apartments and condos citywide at affordable prices. Though that accounts for a "relatively small slice," Logan notes, of the city's total added housing stock over that period, the program has accelerated under Mayor Marty Walsh.
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