South End developer proposes deal to revitalize neighborhood

The Planning Board recommended for BLT to provide 16 of the about 44 required affordable units. 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. The study’s findings would then dictate the best course of action. The plan, as presented by BLT’s attorney William Hennessey, would stave off gentrification by making South End residents homeowners, who would rehabilitate historic homes that have long fell into disrepair.

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