Linkage
Development Impact Project Exactions
The City of Boston’s Development Impact Project (DIP) Exactions policy, more commonly known as the “Linkage” policy, ensures that large-scale real estate development brings direct benefits to Boston’s residents in the form of affordable housing and workforce training. Currently, any commercial real estate development project requiring zoning relief that proposes to erect, enlarge or extend, or substantially rehabilitate a structure by more than 50,000 square feet with a Development Impact Use (development of offices, large retail, hotels, or research laboratories) is required to pay a contribution to the Neighborhood Housing Trust for the creation and preservation of affordable housing, and to the Neighborhood Jobs Trust for job training and job readiness.
The total linkage fee is $30.78 per square foot for lab space, and $23.09 for other commercial uses. Sixteen percent of the fees support job training and job preparedness programs, while the remaining 84 percent support the creation and preservation of affordable housing. Projects with both lab and office space will be considered on a pro-rata basis.
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Wednesday, January 11, 2023 | 6:00 PM–8:00 PM