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Affordable Rental Building Proposed for South Boston

One of Boston's most expensive neighborhoods could be getting a new development fully dedicated to affordable housing.

A proposal has been submitted to the Boston Redevelopment Authority by the South Boston Neighborhood Development Corporation to build more than a dozen new affordable housing units in South Boston206 West Broadway Render

The new developments would be located on what is currently two vacant parcels at 206 West Broadway. This area, close to the Broadway MBTA stop, is the most expensive place to rent in all of Boston. 

Plans for the development include 16 units that will be reserved for people with incomes below the area median income. The units will be a mix of one bedroom or studios. 

Renting in South Boston is in extremely high demand, which creates less options and higher rents. The proposal outlines how this project will make use of two vacant lots and provide much needed affordable housing, while staying consistent with the surrounding neighborhood and community. 

The plans include a ground floor coffee shop and hopes to create an informal gathering space for the residents and surrounding community. 

With Boston listed as one of the top 5 most expensive rental markets in the country, affordable developments like these are becoming increasingly important.  

The proposal is currently under review by the BRA and open for public comments. 

For more information about rent and rent prices in Boston contact us today! 

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