Boston is the latest urban area looking to solve its housing shortage and drive more downtown foot traffic by converting office buildings into residential properties, its mayor's office announced this week.
Mayor Michelle Wu introduced a pilot program that incentivizes the conversion of underutilized office buildings to residential through a public-private partnership.
Applications are expected to begin this fall and continue through June of 2024 to help meet the city's goals of creating housing downtown. The program may be modified to respond to changing market conditions, the mayor's office said.
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