But the mixed-income model has already been successful in several areas of Boston - Columbia Point, Tent City, Rollins Square, etc. The rules of thumb on a mixed-income development is to have it be no more than 25% very low income. And have a sizeable component of "moderate income" (e.g., 80% of AMI), to bridge the gap between the poor and the rich.
As an added bonus mixed-income developments like this increase the social mobility of the poorest residents far more than a luxury development with a small low income set aside.
I agree but I think this is different,although it's unclear. Let's assume the 1100 units are all currently "very low income" and the target is 2600 units total plus 50% retention of current residents. Does that mean 1100 of 2600 will be very low income? Or does that mean 550/2600?