Boston seeks bids for affordable housing
The city of Boston is seeking to spend $20 million to build affordable housing.
Two requests for proposals on the website of the Department of Neighborhood Development say the city is looking to develop affordable housing for renters or owners. The documents didn’t say where or how many units the city hoped to have built.
Lisa Pollack, an official with Boston’s Department of Neighborhood Development, said the city would prioritize projects that could break ground soon and would promote a mix of middle-class housing and accommodations for recently homeless people. The city also wants developers to propose projects in high-cost neighborhoods as part of its inclusiveness policy.
The requests for proposals, each worth $10 million, are due in February 2015. $15 million will come from affordable housing funds paid into by local developers, and the remaining $5 million will come from federal grants and the city budget.