City of Boston Releases Anti-Displacement Action Plan
Mayor Michelle Wu announced the launch of "A Place to Thrive," Boston's first-ever Anti-Displacement Action Plan, during her State of the City address. This ambitious two-year initiative seeks to stabilize residents, small businesses, and cultural organizations facing threats of displacement due to a housing shortage and rising living costs. Building on foundational reports that captured community feedback, the plan outlines a coordinated strategy to enhance existing anti-displacement tools. Among its significant initiatives are the Co-Purchasing Homebuyer Program, which will help low-income households collaboratively buy homes, and the expansion of the Office to Residential Conversion program to accommodate workforce housing. A new Direct Displacement Disclosure requirement will enhance transparency in development processes, ensuring tenants are informed of potential displacements.
The City has also introduced an interactive Residential Displacement Risk Map to highlight areas at risk. Through its focus on protecting renters and fostering community stability, the plan aims to create a thriving environment for Bostonians. Mayor Wu emphasized the importance of keeping residents and businesses rooted in their neighborhoods as a key to the city's growth.