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Archive for the 'affordable housing' category


Why can’t rich people live with other rich people?

A proposal for a tower to be built next to and atop the Neiman Marcus department store in the Copley Square neighborhood of Boston is currently slogging its way through the public approval process.
Tent City is a mixed-income housing project directly adjacent to Copley Place.
A board member has written up a suggested “list of concerns” [...]



Affordable rental opportunity at Long Glen apartments (Allston)

Several affordable housing opportunities are available in the new Long Glen rental complex, in Boston’s Allston neighborhood.
There are 33 units available, in total. Some are for those making up to 30% of the area’s median income and some are for those making up to 60% of the area’s median income.
If you’re single, this means [...]



Affordable housing opportunities at 285 Columbus

Several affordable housing opportunities are available in the new 285 Columbus condo project, at the corners of Clarendon Street and Columbus Ave, in Boston’s South End neighborhood.
There are eight units available, in total. Some are for those making up to 80% of the area’s median income, 100% of the area’s median income, and 120% [...]



Affordable rental opportunity at 1330 Boylston

1330 Boylston is an apartment building currently under construction in Boston’s Fenway neighborhood. There are units set aside as “affordable” meaning renters must meet income qualifications. The limits are pretty high - around $60k for a single person, $68k for a couple.
From the Boston Redevelopment Authority:
We wanted to make you aware of the [...]



Pine Street Inn wins funds for Upton St rehab

Affordable Housing Funds Hit New England - By Ryan Clark, GlobeSt.com
The Federal Home Loan Bank of Boston is committing 10% of its net profits to provide grants and subsidized, below market-rate, loans through American Housing Project. The allotted money was divided between needy areas in the New England, including Massachusetts, New Hampshire, Vermont and Maine. [...]



Best idea ever: tax the rich (aka, the other guy)

If you read the papers at all, you know that there’s a proposal to levy a new tax on high-end home sales on Nantucket and Martha’s Vineyard. The goal is to raise funds to pay for affordable housing construction.
I can’t say whether or not this is a good thing.*
What I love though, is the [...]



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