Cities beyond New York and San Francisco—such as Cambridge, Mass., where median rents are $2,750 a month—are moving to set aside apartments for middle-income households.
Wall Street Journal staffers Laura Kusisto and Jon Kamp explore a whole new tier of sub market-rate housing--affordable middle class rental units. Workforce housing needs are a pain point for many communities whose market rate offerings have outpaced the ability of first responders and other needed service people to afford living in them. Kusisto and Kamp write:
At least half a dozen municipalities—including New York City, San Francisco, Jupiter, Fla., and Portland, Maine—are moving to require or coax developers to set aside some rental units in new developments for middle-income families, some of whom in pricier areas bring in six figures.