Justbuildit
Active Member
- Joined
- Nov 27, 2022
- Messages
- 820
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I mean the real outcome is that no one will cover this and the list will grow and housing affordability will get worse. There’s no obligation that falls to a larger entity. The state doesn’t NEED to do anything.Wow, 637 units across the state's flagship city, what an incredible "commitment" by Mayor Wu!
For reference (to be fair it's an AI Overview thing) google is telling me there are approximately 160,000 people on the waiting list. So wow, after Mayor Wu solves all of our problems with her forward thinking pro-development agenda, the rest of the state will only need to cover a paltry 159,363 applicants! Boston sure is leading the way with this one!
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More affordable housing (through market or interventional means) is good, and if it is use of allocated capital to finalize affordability requirements it’s all the better. This project is clearly not enough but if for < $60k per unit they can lock in affordability it seems…fine?