Middle Income Housing Strategy. June 2016

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1 Middle Income Housing Strategy June 2016 Mayor s Housing Innovation Lab - June 2016

2 BACKGROUND Mayor s Housing Innovation Lab - June 2016

3 CONTEXT Maintaining a strong middle class is critical to ensuring that Boston continues to be a thriving, diverse city where people want to live and employers want to locate. - Mayor Martin J. Walsh? low & moderate income middle income luxury Mayor s Housing Innovation Lab -- March June 2016

4 OUR APPROACH EXPLORE EXPERIMENT EVALUATE (+ HAND-OFF) scale potential projects end fail Mayor s Housing Innovation Lab -- March June 2016

5 EXPLORE Mayor s Housing Innovation Lab -- March June 2016

6 EXPLORE Mayor s Mayor shousing HousingInnovation InnovationLab Lab--March June

7 EXPLORE Mayor s Mayor shousing HousingInnovation InnovationLab Lab--March June

8 UNDERSTANDING MIDDLE INCOME HOUSEHOLDS Mayor s Mayor shousing HousingInnovation InnovationLab Lab--March June

9 PERSONA CLUSTERS ACCESS & CONVENIENCE FAMILIARITY & AUTHENTICITY BELONGING & BALANCE POTENTIAL & PURPOSE Mayor s Mayor shousing HousingInnovation InnovationLab Lab--March June

10 EXPERIMENT Mayor s Housing Innovation Lab -- March June 2016

11 GENERATE IDEAS Build Buy Own Low Streamlining Permitting Neighborhood Guides Impact Rent to Own House Boats Energy Transparency Energy Micro-grids Homebuying Portal Re-brand Homebuying Programs (Millennials) Shared Living Alternative Construction Materials Feasibility Low High Compact Living Labor Rates for Residential Accessory Dwelling Units (ADUs) Starter/Flex Space Homes DIY Homebuying Employer Housing FAB Labs Density Bonus Parking Cost Reductions Community Land Trusts (CLTs) High Mayor s Housing Innovation Lab - June 2016

12 HOMEBUYING PORTAL PROJECT GOAL Leverage advances in technology to lower the cost and difficulty of finding, buying and owning a first home in Boston s highly competitive housing market. PILOT Develop and test first time homebuyer website PARTNERS - Cambridge Financial Technologies - Boston Home Center, DND - MassHousing - Mass Housing Partnerships Mayor s Housing Innovation Lab - June 2016

13 COMPACT LIVING PROJECT GOAL Establish lower sq ft minimums in neighborhoods for young families and seniors. PILOT 1. Three month, six site compact unit roadshow 2. Housing Innovation Competition on DND parcel PARTNERS - Boston Society of Architects (BSA) - Boston Redevelopment Authority (BRA) - Department of Neighborhood Development (DND) - Garrison Trotter Neighborhood Association Mayor s Housing Innovation Lab - June 2016

14 ACCESSORY DWELLING UNITS (ADUs) PROJECT GOAL Create more units by allowing residents to divide existing homes or add an attachment to the existing. PILOT A year long, allowance of ADUs in select neighborhoods PARTNERS - Inspectional Services Department (ISD) - Boston Redevelopment Authority (BRA) - Department of Neighborhood Development (DND) - Northeastern University (NEU) - Office of Neighborhood Services (ONS) Mayor s Housing Innovation Lab - June 2016

15 DENSITY BONUS PROJECT GOAL Create as of right density bonus in zoning, which allows developers to increase density as a trade off for more middle-income housing. PILOT Include as-of-right density bonus in Strategic Planning Areas (SPAs) PARTNERS - Boston Redevelopment Authority (BRA) - Department of Neighborhood Development (DND) - Developer Working Group Mayor s Housing Innovation Lab - June 2016

16 COMMUNITY LAND TRUSTS (CLTs) PROJECT GOAL Utilize models of democratic community control of land as a sustainable model for maintained housing affordability and displacement prevention. PILOT A year long, CLT technical assistance program PARTNERS - Department of Neighborhood Development (DND) - Greater Boston CLT Network Mayor s Housing Innovation Lab - June 2016

17 EVALUATE Mayor s Housing Innovation Lab -- March June 2016

18 METRICS QUAL + QUANT We ve identified potential quantitative and qualitative metrics for each initiative SHORT TERM + LONG TERM These metrics have been further divided into: - short-term (did the initiative demonstrate success?) - long-term (how will we know if the initiative contributes to reaching the challenge goals?) DATA COLLECTION We are working out ways in which the data for both of these types of metrics to be practically/feasibly collected. Mayor s Housing Innovation Lab -- March June 2016

19 Thank You Mayor s Housing Innovation Lab - June 2016

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