Real Estate Blog

 The City of Boston is set to launch a pilot program incentivizing the conversion of commercial buildings into residential spaces. The program is anticipated to start this fall, and would offer reduced property tax rates for owners to immediately convert their commercial buildings to residential. The reduction could be up to 75% over 29 years. The Boston Planning & Development Agency (BPDA), the Mayor's Office of Housing (MOH) and the City of Boston Finance Cabinet will be facilitating the application process, with the goal of creating more housing in downtown Boston and bringing more traffic to the retail shops in the area. Read more about it [here](https://www.boston.gov/news/mayor-wu-announces-residential-conversion-program-downtown-offices). Posted by [David Green](https://www.thedavidgreengroup.com/blog/author/david-green/) on July 24th, 2023 Enjoy this blog post? Click here to subscribe for updates [Facebook Share this post on Facebook](https://www.thedavidgreengroup.com/blog/city-of-boston-announces-program-to-convert-commercial-buildings-to-residential.html# "Share this post on Facebook") Twitter Tweet this post on Twitter [Email Send a link to post via Email](mailto:?subject=City%20of%20Boston%20announces%20program%20to%20convert%20commercial%20buildings%20to%20residential&body=I%20was%20looking%20at%20https%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2F%20and%20I%20thought%20you%20would%20like%20to%20look%20at%20this%20blog%20entry%3A%0D%0Ahttps%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2Fcity-of-boston-announces-program-to-convert-commercial-buildings-to-residential.html "Send a link to post via Email")[](https://www.thedavidgreengroup.com/blog/city-of-boston-announces-program-to-convert-commercial-buildings-to-residential/print.html "Opens new window with print ready page") ### Leave A Comment Leave text box empty Full Name\- required Email Address\- required Website Link e.g. yourwebsitename.com Comment\- required Submit Comment Please note that your email address is kept private upon posting. Chatra reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/)