The Boston Acquisition Fund will offer low-interest loans to developers who pledge to keep multifamily housing affordable.

A new city program in Boston will assist non-profit and mission-driven housing developers acquire occupied multifamily housing if they pledge to keep it permanently affordable.
As Ysabelle Kempe reports in Smart Cities Dive, “The public-private partnership aims to raise $25 million. The city already has about $13 million from city grant funding and 10 local organizations, including medical centers and philanthropic groups.”
The Boston Acquisition Fund will offer revolving loans, similar to the city’s existing Acquisition Opportunity Program, which has helped developers buy over 1,000 units since its launch in 2016.
“As a revolving fund, the BAF will provide low-interest loans to developers, and the repaid funds will be reinvested into future projects. This model creates “a sustainable model for preserving affordability,” according to the city of Boston.” The city aims to help developers acquire 500 units by 2030 under the new program.
FULL STORY: Boston ramps up affordable housing preservation efforts with new revolving fund

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

Washington Legislature Passes Rent Increase Cap
A bill that caps rent increases at 7 percent plus inflation is headed to the governor’s desk.

From Planning to Action: How LA County Is Rethinking Climate Resilience
Chief Sustainability Officer Rita Kampalath outlines the County’s shift from planning to implementation in its climate resilience efforts, emphasizing cross-departmental coordination, updated recovery strategies, and the need for flexible funding.

New Mexico Aging Department Commits to Helping Seniors Age ‘In Place’ and ‘Autonomously’ in New Draft Plan
As New Mexico’s population of seniors continues to grow, the state’s aging department is proposing expanded initiatives to help seniors maintain their autonomy while also supporting family caregivers.
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