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Boston’s Mayor Says $385 Million Housing Plan Is ‘Drop in the Bucket’

  • Wu says housing prices are a top concern for residents
  • Renters in Boston face fourth-highest costs in the country
Costs have soared even in neighborhoods once considered relatively affordable, including East Boston, Roxbury and Mattapan. 

Costs have soared even in neighborhoods once considered relatively affordable, including East Boston, Roxbury and Mattapan. 

Photographer: Jonathan Wiggs/The Boston Globe via Getty Images

Boston’s effort to address the housing crisis with a planned $385 million investment is only “a drop in the bucket for what the need is,” Mayor Michelle Wu said Tuesday.

Housing prices are the top concern she hears from both employers and residents, Wu said in a Bloomberg interview at City Hall. Costs have soared even in neighborhoods once considered relatively affordable, including East Boston, Roxbury and Mattapan.