City Reports Show Boston Downtown Housing Is Booming, While Outer Neighborhoods See Gradual

Boston is exceeding its housing goals, bolstered by new concentrations of affordable middle-income stock in some of its least affordable neighborhoods, according to two recent city reviews. While slower, progress is substantial outside of the city core, officials say, as they anticipate greater investment in the outlying neighborhoods in the coming years.

Mayor Walsh’s administration released its second quarter Housing a Changing City report in July, a broad look at permitting and construction across Boston measured against the mayor’s benchmark of 53,000 new units of housing by 2030. The Boston Planning and Development Agency (BPDA) this week released its first assessment of the city’s Inclusionary Development Policy (IDP), which leverages market rate developments to build up affordable housing.

Source: City Reports Show Downtown Housing Is Booming, While Outer Neighborhoods See Gradual Growth | Bostonomix