What is going on with housing prices?

This originally appeared in City Councilor Jake Auchincloss’ email newsletter.   Debates about housing dynamics are often vague, anectdotal, and ad hominem. So, here’s an attempt to explain housing prices concretely, empirically, and systemically: Housing prices...

City drops claim it met the state 40B affordable housing threshold

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.

READ THE MEMO HERE