The Boston Tenants Coalition (BTC) is a coalition of grassroots tenant neighborhood groups, community development corporations, and homeless and advocacy organizations that promotes affordable housing in Boston, organized to defend and expand the rights of tenants, and to push city, state and federal government, as well as private industry to address the needs of low-income tenants. We operate from a core belief that more affordable housing needs to be both permanent and targeted to Boston's low-income populations.
Please join us on June 2nd from 5-7PM at Project Hope in Dudley Square to help celebrate the life of Michael E. Stone. Please refer to this link for the invitation and the rsvp link.
The Boston Tenant Coalition, along with our constituents are currently celebrating and mourning the life of one of our dearest friends, a strong advocate and long time volunteer; Michael Stone. Michael contributed so much to the BTC over the years and actively participated in many housing justice campaigns, doing research, writing as well as strategy development and implementation. To see the full message about Michael and learn about the Michael Stone Fund please follow this link.
Boston housing prices have increased greatly over the years and Boston is now facing what we call a "housing crisis." Currently 35,000 renters have housing costs exceeding 50% of their household income. 92% of these rent-burdened households are very low-income (<50% AMI). Our proposed changes would help direct a larger share of Inclusionary Development Policy (IDP) resources to these households with worst case housing needs. (Source: Boston draft Consolidated Plan 2013-2018)
Inclusionary Development Policy (IDP) - directs housing developers to set aside a certain percentage of their new units as affordable. In some cases, instead of building the units on site, the developer has the option to build the units off-site or pay into a fund for affordable housing.
We are asking the Mayor and his top advisors to make several changes to the IDP that will aid the struggling Boston residents and their needs. Some of the changes include, increasing the percentage of units set-aside as affordable per development to 25%, requesting that the units include a range of affordability levels, and to increase the buy-out fee, for developers opting into this option, to reflect the true cost of developing an affordable unit.
Unfortunately, even with the current IDP, little money has come back to some of the most impacted neighborhoods and we are requesting that a meaningful portion of the funds generated by the IDP be earmarked for the neighborhoods where the development is occurring which will allow more affordable housing to be built in these neighborhoods.
Please sign our online IDP Campaign to support our action!