Free money has the South End split as the neighborhood’s largest developer is offering $8.5 million to rehabilitate old historic homes and slow gentrification in a deal to avoid making city-mandated affordable units available in two new opulent waterfront towers. A quarter-million of BLT’s money should fund a study of the South End’s affordable housing needs, and the remaining about $6 million should be held by the city until the study is finished, the board recommended.
https://www.stamfordadvocate.com/local/article/South-End-developer-proposes-deal-to-revitalize-13011310.php