We, the undersigned, urge the City of Boston to devote new affordable housing resources (below-market housing units, cash payments, proceeds from the sale of city-owned land and free or discounted city-owned land) from Boston’s Inclusionary Development Program and other sources Boston residents making less than $75,520 per year*. Priority should be given to:
• Very low-income and extremely low-income residents;**
• Residents who are displaced or at risk of displacement;
• Residents who are paying more than 40% of household income for housing and utilities; and
• Residents who are living in overcrowded or substandard conditions.
* Low and moderate-income defined as incomes below 80% of area median income (AMI) ($75,520 for a family of four)
**Very low-income defined as incomes below 50% of AMI ($47,200 for a family of four)
Extremely low-income defined as incomes below 30% of AMI ($28,300 for a family of four)
Middle and working class Bostonians are facing skyrocketing housing costs while homelessness numbers in the Commonwealth of Massachusetts have hit a record high. The need for affordable housing in the City of Boston is dire, and we need a strong commitment from our elected officials to build an equitable, affordable city for all.
2019-02-18 17:48:30 -0500
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2015-11-13 09:25:58 -0500
2015-10-23 04:29:46 -0400
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