Mayor Walsh announced this morning Boston is upping its 2030 housing goals by 30% - from 53,000 new housing units by then to 69,000, based on new projections that show the city's population growing to nearly 760,000 by then.
In 2014, the City based its housing goals on projected growth in Boston's population to 709,400 people by 2030. With 27,513 housing units permitted thus far, production has exceeded expectations, but the projected population of Boston has increased as well. The City of Boston has been working with the Massachusetts Area Planning Council (MAPC) and the Metro Mayor's Regional Housing Task Force to forecast housing need. Using the best demographic data now available, Boston's 2030 population is projected to be 759,727 people.
But is it enough, especially as downtown and the Back Bay become filled with empty, foreign-owned investment condos?
Walsh says he's committed to preserving "income restricted" housing in the city - up to at least 20% of all units - but as the Boston-area median income, which is used to determine who gets to move into these units, rises, can we keep Boston from becoming another Manhattan or San Francisco?