The program offers zero-interest loans to developers that keep rental units affordable for at least 50 years.
Boston’s Acquisition Opportunity Program has helped protect the affordability of 1,000 rental homes five years ahead of schedule, writes Ysabelle Kempe in Smart Cities Dive.
The program assists “mission-driven” developers in purchasing housing with zero-interest loans in exchange for a commitment to maintain affordability for tenants for at least 50 years. “The developers must also set aside at least 40% of the units for low- and moderate-income families.”
Nonprofits such as the East Boston Community Development Corp. have benefited from the program, which has helped them acquire 150 units. “Now that Boston has hit its 1,000-home goal, it is setting another to help preserve over 350 more affordable housing units by the end of 2026.”
FULL STORY: Boston’s affordable housing preservation efforts are seeing results
Rents Rose Between December and January
After dropping to a three-year low, U.S. rent costs grew in many major cities.
Housing Top of Mind for Nevada Voters
The Silver State is the nation’s most unaffordable housing market for extremely low-income households.
Report: Las Vegas, Houston Top List of Least Affordable Cities
The report assesses the availability of affordable rental units for low-income households.
What ‘The Brutalist’ Teaches Us About Modern Cities
How architecture and urban landscapes reflect the trauma and dysfunction of the post-war experience.
‘Complete Streets’ Webpage Deleted in Federal Purge
Basic resources and information on building bike lanes and sidewalks, formerly housed on the government’s Complete Streets website, are now gone.
The VW Bus is Back — Now as an Electric Minivan
Volkswagen’s ID. Buzz reimagines its iconic Bus as a fully electric minivan, blending retro design with modern technology, a 231-mile range, and practical versatility to offer a stylish yet functional EV for the future.
Healing Through Parks: Altadena’s Path to Recovery After the Eaton Fire
In the wake of the Eaton Fire, Altadena is uniting to restore Loma Alta Park, creating a renewed space for recreation, community gathering, and resilience.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Electric Vehicles for All? Study Finds Disparities in Access and Incentives
A new UCLA study finds that while California has made progress in electric vehicle adoption, disadvantaged communities remain underserved in EV incentives, ownership, and charging access, requiring targeted policy changes to advance equity.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research