Tracking affordable housing

TheMagicMan

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You've suggested this before. It's not happening. Come up with some new material.

By the way, I think you meant eminent domain.
Maybe we should look at raising property taxes an extra 10% in towns where the median housing prices are a million dollars to help fund affordable housing.

What about that suggestion?
;)
 

kmp1284

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Maybe we should look at raising property taxes an extra 10% in towns where the median housing prices are a million dollars to help fund affordable housing.

What about that suggestion?
;)
Equally stupid. Property taxes are determined by each community anyway.
 

TheMagicMan

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Maybe we can create a Magical Kingdom where everybody lives in peace and harmony.
Where the butterflies come home onto the Greenway park and everybody can enjoy the city of Boston. (nobody has to pay for anything)

*Poof* TheMagicman
:p
 

stick n move

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100 Shawmut ave, South end:



*81 affordable units

“Davis, as part of advancing 100 Shawmut, will contribute $15 million to a city-controlled escrow account for developing affordable housing at a CCBA-owned site at 50 Herald Street next to 100 Shawmut. That project is expected to hold 313 apartments, 26 percent of which will be designated affordable.”

“The partnership also means an expanded BCEC building at 120 Shawmut Avenue in the same vicinity, which will house ecclesiastical space as well as 84 housing units. (Davis has also committed $200,000 to various community programs as part of the partnership, the developer said.)”

https://boston.curbed.com/boston-development/2019/6/4/18651197/south-end-100-shawmut-avenue-boston
 

odurandina

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nimbyism has no effect on the housing supply: nope never.
but a headline up on B&T reads:

Developer Says Lull in Apartment Supply Drives Rent Increases
By Steve Adams | Banker & Tradesman Staff | Aug 1, 2019
*not sure how to post a direct link w/ the paywall....
https://www.bankerandtradesman.com/

"One of Greater Boston’s largest publicly traded apartment landlords is projecting larger rent increases for the rest of the year in its 6,346-unit local portfolio....."
 

Suffolk 83

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IMO the city should stop letting new buildings put the affordable units elsewhere. This putting the have-nots in some corner somewhere is bullshit.
 

TallIsGood

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Because we are WAY underbuilding housing relative to job creation.
 

#bancars

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Mattapan Station -- I think this project should be breaking ground soon (if it hasn't already).

"By repurposing the 2.57-acre MBTA parking lot in Mattapan Square, Preservation of Affordable Housing and Nuestra Comunidad CDC will create a vibrant, mixed-income community that will strengthen the property’s connections and contributions to the surrounding community.
Our site plan leverages local opportunities for growth and expansion by adding jobs, creating commercial space, and providing stable affordable and workforce housing. The plan calls for 135 rental apartments, with housing options for a range of incomes, and approximately 10,000 square feet of first floor retail space. The design will highlight the Neponset River Greenway and create an access point for the neighborhood to this important community amenity."
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Project site:
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