Since its founding in 1973, Fenway CDC has worked to achieve greater residential stability and diversity in the neighborhood. We engage residents in community planning, develop affordable housing, and advocate for community services primarily aimed at meeting the needs of low– and moderate-income residents.
External link for Fenway Community Development Corporation
70 Burbank Street
Boston, MA 02115, US
You really have to get to the end of this piece for possible solutions
Director of Policy and Community Planning at Fenway Community Development corporation
This is a long and sobering piece on the problems of affordable housing in DC. You have to read the whole piece to see a possible solution in the last two paragraphs.
Walks like a duck, quacks like a duck - sure looks like price fixing has been jacking up rents.
Director of Policy and Community Planning at Fenway Community Development corporation
The Justice Department understands why rent has been increasing in apartments owned by national corporations. The DOJ complaint says RealPage’s alleged conduct "deprives renters of the benefits of competition on apartment leasing terms." Folks used to call this Price Fixing.
A prime example of how not to do housing.
Director of Policy and Community Planning at Fenway Community Development corporation
Here is a cautionary piece on how a venture capital-backed REIT has burnt both investors and tenants alike.
A REIT this size will set the rents for hundreds of locations and send huge profits back to the investors at the tenants expense.
Director of Policy and Community Planning at Fenway Community Development corporation
Another example of what is wrong with our real estate market - A REIT that owns 80,000 apartments is buying another 3,600 units. This kind of consolidation and power will not benefit tenants, only the stock holders.
Fenway Community Development Corporation (CDC) board and staff thank our esteemed panel speakers: (moderator) David Sweeney, President & CEO of Longwood Collective, Abe Menzin, Principal & VP of Development at Samuels & Associates, and Ryan Weber, VP of Leasing at IQHQ. We are truly inspired by their visionary leadership and the groundbreaking innovations of their organizations, which have made Fenway and the Longwood Medical & Academic Area (LMA) healthier, more vibrant, and diverse. Their organization’s innovative developments and placemaking initiatives not only create sustainable environments but also foster community well-being. Their efforts ensure that residents and workers have access to vital resources such as jobs, housing, education, healthcare, transportation, green spaces, and cultural activities in the Fenway and LMA areas. From improving physical developments to creating housing, retail spaces, commercial hubs and life science laboratories, their transformative impact enhances lives in Fenway and beyond Boston. #fenwaycdc #fenwayball #leadership #innovation #communitydevelopment #thefenway
Fenway Community Development Corporation reposted this
Fenway CDC is #Hiring a Community Engagement Coordinator. Email your resume and cover letter to [email protected] if interested. Applications are encouraged by July 5. #nonprofit #Communityengagement https://lnkd.in/dEnV4J9h
Fenway CDC is #Hiring a Community Engagement Coordinator. Email your resume and cover letter to [email protected] if interested. Applications are encouraged by July 5. #nonprofit #Communityengagement https://lnkd.in/dEnV4J9h
Unlike others in the real estate industry, BBJ has the courage to come out and say it like it is - we need a Transfer Fee to fund sorely needed affordable housing.
Director of Policy and Community Planning at Fenway Community Development corporation
Hear is a clear and cogent Editorial supporting the Transfer Fee from the Boston Business Journal. Congratulations to them for speaking out on the need for affordable housing.
Fenway Community Development Corporation reposted this
Retired municipal manager; ICMA/MMMA senior advisor; Concord MAHT chair; MAPC past president; Climate Reality mentor
Thanks, Boston Business Journal, for editorial support of the local option real estate transfer fee for affordable housing in Governor Healey's Affordable Homes Act. Let's do this!! "Last summer, we argued that allowing communities to charge a transfer fee on high-end home sales in order to fund affordable housing efforts is in the best interests of the business community. The following fall, Gov. Maura Healey included a measure in her $4 billion housing bill that would allow municipalities to fund affordable housing development by collecting a fee of between 0.5% and 2% on the sales of the homes that exceed $1 million. Nothing in the months since the idea first entered the public discourse has caused us to change our view that the fee should be made available to municipalities that approve it." https://lnkd.in/ebXETmpS