Rampant Insurance Increases Are Stifling Housing Production
There’s a new threat to affordability that is jolting the rental apartment real estate industry, especially those in market-rate and affordable multifamily housing: insurance premiums.
Question 1 Is a Generational Opportunity for Mass.
For us in the real estate community, the Fair Share Amendment is a chance to support the housing needs of our workforce using the better transit infrastructure the tax will fund.
To Close the Racial Wealth Gap, Scale Up CommonWealth Builder
Massachusetts’ CommonWealth Builder program effectively reduces the price of new housing units by subsidizing developers up to $150,000 per home. And unlike traditional affordable housing, it allows homeowners to realize the full market appreciation of their unit if they live there for at least 15 years.
Can Upzoning Newton Catalyze Housing Equality in Greater Boston?
With the racial inequality now front and center, advocates in Newton are pushing for more diverse, denser housing to replace much of the region’s single-family stock as one way to help close the Black-white homeownership gap. But hurdles exist for the private sector to meet the need for lower-priced homes.
COVID-19 Could Make the Affordable Housing Crisis Worse
Subsidized housing funding comes with extremely strict deadlines for performance. If an project is delayed not only can costs increase, as prices for materials rise, but project funds can actually disappear.
Boston’s Inclusionary Development Program Is Not a Panacea
IDP does not successfully address the more systemic, underlying issues of destabilized neighborhoods. But what it can do and has done is create needed affordable housing that would not otherwise be built.
Second Phase of Sudbury Senior Project Begins
A second phase of The Coolidge at Sudbury will generate 56 affordable apartment units for seniors, a $20 million project led by Brighton-based B’nai B’rith Housing that’s scheduled to open in 2020.
Brighton Senior Complex Gets $44.8M to Preserve Affordability
A Brighton housing community for seniors will stay affordable through 2052 thanks to a $44.8 million in financing from MassHousing.
Bluestone, CHTF Honored By B’nai B’rith Housing
Northeastern University professor Barry Bluestone and the Commonwealth Housing Task Force were honored by B’nai B’rith Housing on Tuesday evening for their commitment to affordable housing in Greater Boston.
