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Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.
In the United States [17] and Canada, [18] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [19] Some definitions include maintenance costs as part of housing costs. [20]
And if you are a hybrid or remote worker around the Boston area, consider the home price arbitrage. The average home value in Boston is close to $720,000, but in Manchester and Worcester it’s ...
t. e. Rindge Towers is an affordable housing development in Cambridge, Massachusetts. [1] Completed in 1970, the three 22-story towers make up a 777-unit [2] apartment complex located in close proximity to the Alewife MBTA station at the terminus of the Red Line. The towers are named for Frederick H. Rindge, the philanthropist who funded ...
Living spaces. The Boston Housing Authority ( BHA) is a public agency within the city of Boston, Massachusetts that provides subsidized public housing to low- and moderate-income families and individuals. The BHA is not a municipal agency, but a separate local entity. In the federal government model of the United States Department of Housing ...
Another report from late April shows that asking median rents in Boston are nearly $4,000, and “many in Boston may be set to face higher rent prices amid inflation and rising food prices in the ...
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