Boston’s Inclusionary Development Policy — the rules that require developers of market-rate housing to also build or fund affordable units — hasn’t been updated since 2015. Four years later, the City Council passed a home-rule petition allowing IDP to be incorporated into the city’s zoning code. Any additional changes, however, were derailed by the COVID-19 pandemic, and Boston’s subsequent stretch of three mayors in a single year.
Wu debuted her initial IDP proposal in December, and a public hearing on the policy will be held on Tuesday evening by the Boston Planning & Development Agency. If approved by the BPDA and City Council, it would make a variety of tweaks that would amount to bigger affordable housing requirements for many projects.
The current policy requires 13 percent of units in a housing development to be income-restricted; the new plan would bump that up as high as 17 percent, with another 3 percent set aside for people who hold rental vouchers.
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