#GreaterBoston

In the years since fiscal 2018, when the MBTA last balanced its budget without state contract assistance or federal funds, operating costs have been rising at an alarming rate, culminating in an increase of nearly 15 percent from FY 2023 to FY 2024 alone, according to a new policy brief published by Pioneer Institute.

Boston, Mass. – A Pioneer Institute review of reforms enacted in metropolitan areas across the country finds that to achieve more affordable housing in the coming decades, Greater Boston should focus on policies such as making it easier to build small multi-family projects, retrofit commercial areas with new housing, and loosen parking and minimum lot size requirements.

Construction costs, land use regulation and zoning among the reasons why housing development lags growth in jobs, number of households BOSTON – A new Pioneer Institute study recommends that municipal leaders employ strategies like density bonuses and expedited permitting to prioritize the...