North End Waterfront - Councilor Edwards Calls for Updates on Two Affordable Housing Programs
Tuesday, March 26, 2019
Councilors Lydia Edwards, Chair of Boston’s Housing and Community Development Committee has released a policy brief calling for updates on two key housing programs.
The first focuses on Inclusionary Development, which requires certain developers to produce deed-restricted units (for rental units, at up to 70% of the Area Median Income) or pay towards a fund that accomplishes the same purpose. The second is the Linkage Program (also known as Development Impact Fees), which generates funds for the Neighborhood Housing and Neighborhood Jobs Trust.
In the report, Councilor Edwards points out that Boston is behind Cambridge and Somerville in these program requirements. Inclusionary development in Boston is currently set at 13%, with up to 18% applying in certain areas, while Cambridge and Somerville have adopted 20% inclusionary requirements.