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Building for the Middle

Governor Charlie Baker announces his Administration will devote $1.1 billion to affordable and workforce housing development and preservation as part of the upcoming five-year capital budget in conjunction with the release of "Building for the Middle: Housing Greater Boston's Workforce."

Building for the Middle

Building for the Middle: Housing Greater Boston’s Workforce

As the Commonwealth increases investment in affordable and workforce housing development and preservation, ULI Boston/New England’s Housing and Economic Development Council —in conjunction the Metropolitan Area Planning Council— releases the full report Building for the Middle: Housing Greater Boston’s Workforce.

As Boston enjoys a surging reputation as a world-class city, it is struggling to create housing for a workforce, which is expected to grow by nearly 800,000 by the year 2030. According to our research, there is currently a significant shortage of homes to rent or own that are affordable for a family of four earning $75,000 or less a year.

If Metro Boston wants to build on its reputation of being a world-class city, the region must build housing to accommodate the growing workforce for the sake of equality and economic opportunity. View the Building for the Middle Report.

Thank you to our Lead Sponsors:

JLL      MassHousing       Trinity

Thank you to our Report Sponsors:

Corcoran Jennison

CoStar

 

 

LDS         Maloney Properties

Thank you to our Supporting Sponsors:

Bruner/Cott & Associates, Inc. | Clarion Ventures, LLC | CohnReznick | The Community Builders | The Davis Companies | DiMella Shaffer | Federal Realty Investment Trust | Hines | Hunt Mortgage Group | ICON Architecture | Lendlease | Mill Creek Residential | National Development | Nauset Construction | New England Development |  The Architectural Team | The Noannet Group | Perkins & Will | Pritzker Realty Group | RKG Associates | Schochet Companies | Traggorth Properties