STOW, MA-Town planners here are considering requiring potential developers here to include a certain percentage of affordable housing in their projects. The policy, called inclusionary zoning, is already in effect in Boston, where developers can increase the density of a project to offset the cost of the required 10% affordable-housing component in each residential project.

According to Karen Kelleher, planning coordinator for Stow, the policy is in the preliminary stages of planning but developers would be offered a density bonus to make their projects economically feasible. Kelleher tells GlobeSt.com that Stow is considering establishing the inclusionary zoning to “diversify the town’s housing stock.”

Stow’s affordable-housing is currently 5.5% of the town’s housing stock. Kelleher notes that at one point, the town was up to 6% affordable housing but she says that it is “losing momentum in providing low to moderate income” housing. New construction homes in this town, about 45 minutes west of Boston typically go for between $500,000 to $600,000.

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