Boston has granted building permits to another office-to-housing conversion, this time in the South End. Developers are converting a former office building at 615 Albany St. into 24 apartments as part of the city's effort to transform underused commercial space into much-needed housing. It is one of 19 projects participating in Boston's office-to-residential incentive program, which aims to revitalize downtown by replacing outdated offices with homes.
Sup. Jackie Fielder is asking the board to approve a resolution calling on the city treasurer to move forward to create a municipal green bank. The supes have already approved the concept, and Fielder has five cosponsors, so unless one member objects and demands that the proposal be sent to committee, this will pass. That would start the process of figuring out how to pay for what could become the country's first municipal bank.
But in the final days before it was approved in 2016, the developer's lawyer added a sweetener to the deal: Podell promised to cover $500,000 of the costs to build out a community art space at a 100-percent affordable-housing project next door. He had earlier donated land to the city to make that affordable housing project possible. The project was voted through 11-0.
Rents are too high, homeownership feels out of reach, and too many families are being pushed out of the communities that raised them. Over the past three years, we've expanded affordable homeownership, funded more housing vouchers, and saved 114 units in East Boston from speculation which kept hundreds of neighbors in their homes. But the work isn't finished. I'll continue pushing for innovative housing solutions that build for the inclusion of all families while strengthening community voices in every stage of development.
The project includes a seven-story, 505-unit market-rate apartment building, a five-story, 132-unit, 100% affordable apartment building and 100 for-sale townhouse units configured in 14 three-story buildings. This site's been vacant for many years, and when we were first introduced to this site about two and a half years ago, it was in the time when builders' remedy applications seeking to lower density were abundant, said Scott Connelly, a representative of Valley Oaks Partners.
More and more year-round employees, from hospital staff to teachers and restaurant workers, are being priced out of the Cape and Islands, leaving communities scrambling to find ways to keep them housed. Local officials say they've pursued nearly every option available - from state and federal housing grants to zoning reforms to even building out sewers to support more housing - but the problem keeps outpacing the solutions. Now, they say, it comes down to funding.
Maybe you've heard about the socialist candidate running for mayor of New York City. He's an immigrant from a complicated ethnic background, and his opponents accuse him of being unpatriotic, anti-American, a Communist agent and a supporter of overseas terrorist movements. Some have suggested that electing him mayor will make antisemitic bigotry - already far too widespread in America - much worse, and is likely to fuel a vicious, jingoistic right-wing backlash.
Getting spades in the ground in London is crucial if we want to see the biggest increase in social and affordable housing and meet our target of delivering 1.5m homes. I have worked closely with the mayor of London to give the capital the shot-in-the-arm it needs to ensure more Londoners have an affordable home of their own.
Facchino Neighborhood broke ground on Oct 20th in Berryessa, which will transform a 13-acre industrial site at 1655 Berryessa Road into over 700 residential units. Property owner Bob Facchino personally operated an excavator to begin demolishing the building that once housed his family's trucking business for more than 50 years, calling the moment bittersweet yet necessary for progress. This redevelopment, near the Berryessa BART station that opened in 2020, aligns with plans for an urban village that integrates housing with transit accessibility.
I've been involved in federal housing policy for more than 50 years, beginning my career at the U.S. Department of Housing and Urban Development (HUD) in the 1970s and later serving on the staff of the U.S. House Committee on Banking, Finance and Urban Affairs now the Financial Services Committee from 1983 to 2000. Over that time, I've watched the federal government's role in housing shift dramatically from builder to partner to convener.
"I watched the first debate," said one voter. "It was like a kangaroo court. Everybody slinging mud. I thought they would be speaking more about policies. I really wanted Mamdani to talk more about what he was for. I would like to hear a little deeper responses."
Shareholders of the co-op at 45 Fairview Avenue voted twice to sell a vacant lot to affordable housing developers for $7.3 million, only to back out. This came shortly after a state affordable housing agency handed the co-op a $2.5 million mortgage from its Preventative Troubled Assets Program. Then this year, the state Assembly awarded Inwood Gardens $500,000. At the same time the co-op was rejecting my offer to acquire its land, it was accepting bailouts from the state.
Mission Hunan, a Chinese restaurant just steps from the 16th Street Mission BART plaza, is closing after 40 years, a server at the restaurant confirmed to SFGATE. The restaurant's building at 2960 16th St. is set to be demolished to make way for a new affordable housing project. Mission Hunan's final day of service will be Oct. 31, the server said.
Las Golondrinas, a 50-unit apartment hub at 77 Kentucky Place in the Little Portugal area of east San Jose, has been bought by an affiliate of the County Housing Authority, documents filed on Oct. 17 with the Santa Clara County Recorder's Office show.. The Housing Authority affiliate paid $4.5 million for the residential property, a purchase that bolsters the Santa Clara County agency's mission to preserve affordable homes in the South Bay.
Las Golondrinas, a 50-unit apartment hub at 77 Kentucky Place in the Little Portugal area of east San Jose, has been bought by an affiliate of the County Housing Authority, documents filed on Oct. 17 with the Santa Clara County Recorder's Office show.. The Housing Authority affiliate paid $4.5 million for the residential property, a purchase that bolsters the Santa Clara County agency's mission to preserve affordable homes in the South Bay.
SAN JOSE, Calif. (KGO) -- The challenges faced by children aging out of the foster care system are described as traumatic and can lead to a life of homelessness. But a new resource center and affordable housing project aim to ensure that doesn't happen to anyone in the South Bay. The ribbon was officially cut Monday for the Parkmoore Community Affordable Apartments and the Hub - two new buildings that aim to build a better Santa Clara County.
The numbers are staggering: over 500,000 older New Yorkers are on the waiting list for affordable housing, with average waits stretching beyond a decade. For many, a decade is longer than they can afford to wait. Behind each number is a person facing the daily uncertainty of where they will live out their later years-whether they can age with dignity, or whether they will spend their final chapter in limbo.
This is a question of who we are, Newsom wrote in 2017. Housing is a fundamental human need let's not forget the human face behind the dire statistics. Housing instability can cause genuine mental and physical adversity, he added, and lead to insufferable decisions: no one should have to choose between paying rent or buying groceries. Knowing that too many Californians face this kind of anxiety breaks my heart.