A Win for Housing Affordability as Cambridge City Council Adopts Changes to Incentive Zoning
The Cambridge City Council adopted an amendment to the Incentive Zoning Ordinance on October 17, 2022, which will increase funds for the City’s Affordable Housing Trust. This new amendment adds to the many tools Cambridge has put in place over the past few years to support affordable housing.
Cambridge’s Affordable Housing Trust has commitments of more than $100 million to affordable housing developments currently underway to preserve or create more than 500 affordable homes when completed.
5 - Cambridgeport
Cambridgeport is a diverse 0.5 square mile neighborhood located in the southern end of Cambridge adjacent to the Charles River and is bounded by River Street, Massachusetts Avenue, and the Grand Junction rail line.