The TAB’s Julie Cohen reports here.
Just as the Andy Levin era has ended at the Newton TAB comes this “news” from the paper’s front page..
“Some Boston area towns and cities have a hidden problem — a lack of affordable housing for low income families..
…this is a regional, even national problem that many Boston area communities like Newton, Wellesley and Needham are facing…”
The city has “backed away” from its assertion that it had met Chapter 40B’s “safe harbor” threshold of having affordable housing on at least 1.5 percent of developable land, The TAB’s Andy Levin reports.
According to the memo, the city has 105.6 acres of affordable housing. In order to achieve 1.5 percent, it would require 107.7 acres. In addition to the Auburn Street project, which was approved for a comprehensive permit late last month, the memo states there are several pending projects that could add to the land mass dedicated to affordable housing.
Mayor Setti Warren and Austin Street Partners are scheduled to sign the ground lease Friday morning, allowing — at long last — the project at Austin Street to go forward.
This project will include 68 rental apartments — one third of which will be affordable — plus retail and restaurant space, a plaza and