Spare Change News

Tag: 40B

  • Most Mass. communities fall short of state affordable housing goal

    Most Mass. communities fall short of state affordable housing goal

    The Comprehensive Permit Act, usually called 40B, set a goal for Massachusetts towns and cities nearly five decades ago: develop at least 10 percent of local housing to be affordable in the long term for low or middle income residents. As of a late 2017 Department of Housing and Community Development report, just 67 of…

  • Cambridge Might Increase Housing Stock to 20 Percent Affordable

    Cambridge has created 100 units of affordable housing over the past year, a trend it’s looking to build on in 2017. The Cambridge City Council hopes to increase the percentage of affordable housing to 20 percent of the city’s total residential housing units by June of this year. Cambridge implemented inclusionary zoning, a tool utilized…