BOSTON – The Boston Planning & Development Agency (BPDA) Board of Directors last night approved development projects in neighborhoods across the City of Boston, which will result in new market-rate and income-restricted residential units, economic development, and jobs.

Overall, the development projects approved this month will create an additional 286 residential units, including 49 income-restricted units, and 307 trade jobs, 31 direct jobs and 164 indirect and induced jobs.
The residential projects moving forward make progress towards Mayor Martin J. Walsh’s goal of increasing affordable housing to support a strong middle-class. On Thursday, Mayor Walsh signed a Home Rule Petition that would codify the Inclusionary Development Policy (IDP) into Boston’s Zoning Code to protect the City’s ability to create and fund income-restricted housing, and enable Boston to have more flexibility to fund affordable housing and workforce training through Boston’s Linkage program. The proposal now moves to the Massachusetts Legislature for approval.

In addition to development projects, the BPDA Board voted to adopt the Coastal Flood Resilience Design Guidelines. The Guidelines build on Mayor Walsh’s Climate Ready Boston and will serve as a resource to translate flood resiliency strategies into best practices.
The BPDA Board also approved next steps for PLAN: South Boston Dorchester Avenue. Nelson/Nygaard Consulting …  Read More

 

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Article From: "Boston Real Estate Times"   Read full article

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