Subsidized Multi-Family Rental Housing in the Boston Metropolitan Area: Analysis And Prognosis
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• Recommendation: Legislation authorizing continuance of the Section 236 program should add to existing incentives designed to promote housing production supplementary incentives which will correct shortcomings in financial performance and management of 236 projects . Such housing incentives should be spread over the life of the housing, rather than front-ended in the production phase. 5. Conclusion: "Red tape blight" affects many projects . Increasing their operating costs and creating adminis...trative problems for managers . "Red tape blight" refers to the costs incurred in performing required paperwork and administrative procedures by project managers resulting from overlapping jurisdictions and conflicts among public agencies. In Boston, the number of regulating agencies has multipled as subsidies have been piggy-backed. For example, when leased housing sub- sidies were added to available project subsidies, the Boston Housing Authority was given the jurisdiction over them. When -202 property tax arrangements were added, the City of Boston's Assessing Department also gained special jurisdiction.
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