Cambridge (Massachusetts) Inclusionary Housing Policy

Cambridge's Inclusionary Housing Policy requires developers building new residential projects to include a certain percentage of affordable units or contribute funds for affordable housing. This aims to ensure that as the city grows and housing prices increase, more residents with diverse income levels can access affordable homes. The policy promotes social equity by integrating affordable units within market-rate developments, helping to create a balanced, inclusive community without significantly hindering new development. It balances the goal of fostering growth with maintaining economic diversity in Cambridge.