Affordable housing may be coming to Boston’s most expensive neighborhood.
In a letter to the Boston Redevelopment Authority, the South Boston Neighborhood Development Corporation has proposed to build more than a dozen units of affordable housing on two vacant parcels at 206 West Broadway in South Boston. Currently, this area near the Broadway MBTA stop is the most expensive place to rent in the entire city.
The development would consist of 16 units reserved for people with incomes below the “area median income.” Six of the units, which are all one-bedrooms or studios, would be for people making 80 percent of the area median income or below, eight would be for people making 60 percent of the median income or below, and two would be for people making 30 percent or below.
According to the proposal:
“Rental housing in South Boston is in high demand, resulting in limited inventory and higher rents. The project will eliminate a vacant lot in exchange for much needed affordable workforce housing in a manner that is consistent with and complimentary to the surrounding neighborhood, thereby enhancing the residential natural of the community.”
The South Boston Neighborhood Development Corporation is a nonprofit made up of residents “committed to maintaining South Boston’s character as an affordable, safe, working class community.”
The ground floor retail space is set to be a coffee shop that would employ five people, which developer hopes will act as an “informal gathering space.”
The proposal is now under review by the Boston Redevelopment Authority and open to public comment.