City Hall did not return calls by presstime, but Menino has been criticized in the past for neglecting the issue of affordable housing. Linkage fees are collected from developers who want to build large projects. The fees are collected to compensate for the impact of a large development project on neighborhoods.

The Neighborhood Housing Trust, which collects these fees, reportedly recently received numerous building proposals that enabled it to put money into building new units. Menino is reportedly expected to award the contracts to developers shortly. The city's economic development agency added $1.75 million of its housing funds to the pot.

The units, which are a combination of affordable housing and some low-income elderly housing, will include both rental units and home ownership. They will be located in areas such as Mattapan, Jamaica Plain, Allston-Brighton, Dorchester, Roxbury and South Boston. The Boston Redevelopment Agency, which was not available by presstime, is reportedly planning to build additional affordable housing units. Construction is expected to begin next year.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.