Critics argue that Boston’s inclusionary zoning (IZ) policy—requiring developers to include affordable units in new projects—is slowing down construction and raising costs. 🏗️💸Key points:
- Developers say IZ rules make projects financially unviable, especially with rising interest rates and construction costs.
- City officials defend the policy, saying it’s essential for maintaining housing equity and affordability.
- Some experts suggest revisiting the thresholds and incentives to balance development with affordability goals.
- The debate is heating up as Boston faces a housing crunch and tries to attract investment while protecting vulnerable communities. 🏘️⚖️
👀 What do you think—should Boston adjust its zoning rules to boost development, or double down on affordability?💬 Drop your thoughts in the comments or share this with someone in real estate or urban planning!
Source: Critics say Boston’s inclusionary zoning hurts construction — does it? – masslive.com
