Big changes may be coming to Greater Boston’s multifamily real estate! 🏘️
A state commission proposes eliminating single-family zoning statewide to combat the housing crisis. This could allow duplexes, triple-deckers, and other small multifamily homes on any residential lot. The goal? Creating 222,000 new homes by 2035.
Other proposals include ending minimum parking requirements and streamlining approvals. This could significantly increase housing supply and potentially moderate prices, but expect pushback from some communities. It’s a bold plan that could reshape the region’s housing landscape.
#realestate #boston #housing #multifamily #cre #colliers #punchlist
Source: State commission on housing production targets single-family zoning, other sweeping reforms