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Affordable Housing is Boston's New Demand Craze

The Boston Redevelopment Authority is in the process of approving four apartment complexes, including 319 A Street in Fort Point. Whilst doing so, they have received many requests to increase the affordable units offered. There is recent talk of a plan to set aside an additional 10 percent of affordable units by paying into an Inclusionary Development Program to fund the increase.

According to the Boston Redevelopment Authority, “Boston Residential Group, LLC will transform an existing office building at 319 A Street in Fort Point into 48 residential units with approximately 5,500 square feet of ground floor commercial space. The building will contain studio, one-, and two-bedroom units, and residents will access to a roof deck that offers views of the neighborhood. The commercial space could include a 550 square foot outdoor terrace on an adjacent alleyway.”

The Tenant voice has officially been heard. Stay informed for definite results.

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