Proposal to the City of Boston for the Redevelopment of Parcel Eb-24, 239 Trenton Street, East Boston (Classic Reprint) - Softcover

Neighborhood Of Affordable Housing

Softcover

ISBN 10: 036587888X ISBN 13: 9780365878889

Publisher: Forgotten Books, 2018

Synopsis

Excerpt from Proposal to the City of Boston for the Redevelopment of Parcel Eb-24, 239 Trenton Street, East Boston

This development is more difficult to make affordable than some similar projects we have completed for three main reasons: 1) condominium insurance costs have doubled over the past year and a half, 2) underwriters of permanent financing are applying increasingly strict standards with respect to allowable debt and allowable percentage of income available for housing expenses, and 3) construction costs have increased not only in response to market pressures but as a result of more stringent local building requirements for manufactured housing.

In order to maximize affordability of this project for households with incomes below 80% of local median levels.

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Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 036587888X
• ISBN 13: 9780365878889
• Binding: Paperback
• Number of pages: 235