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- alleviate the pressure put on the housing market by the bubble
- the attendant sharp rise in sales and rental prices by meeting the pent-up demand for new housing stock
The strategies of the Leading Way has adopted comparable objectives
- primarily the production of new market rate and affordable housing
- preservation of existing affordable housing
Since the implementation of Leading Way 1 and 2 there is:
- more than 18,000 new units of housing
- 5,000 affordable units
- This output represents 5 billion in investment of public and private source of funding nearly 9,500 units of affordable housing were preserved
There are agencies in Boston that has and still is making a collective effort to prevent the rising increase of hunger and homelessness. The agencies that are part of the city of Boston departments that has form a collaboration for non-profit and profit organization are:
- Department of Neighborhood Development (DND)
- Boston Redevelopment Authority (BRA)
- Boston Housing Authority (BHA)
- Inspectional Service Department (ISD)
The rise of foreclosure and the credit crisis negatively effecting lending are factors that lead to the direction of the Leading the Way by the Mayor of Boston. With these factors along with the opinions of key stakeholders from Boston's non-profit and profit development community that has created a new lending the way housing strategy that goal is to complete construction of 2,000 units, increase the rate of assistance to home buyer of 50% and create 1,5000 new home buyers, 1,000 new affordable rental units and build 3,000 new market rate units. The Leading the way 1 and 2 was successful but not enough to meet the housing needs for the homeless people in Boston. The purpose and proposal of Leading the Way 3 is to meet the housing needs in four vital area's in Boston, which are:
- Housing Boston Workforce-affordable housing for all tiers of workers, low-income, livable income and high paid income.
- Addressing The Foreclosure Crisis-prevention, intervention, reclamation and stabilization.
- Reversing the Rise In Homelessness-placement, prevention, production; reduce of Boston family homelessness by 50%, and reduce long-term homelessness for individual Bostonians by 50%.
- Preserving and Stabilizing Boston's Rental Housing Market-Capital fund financing, energy performance contracting, redevelopment through project-base vouchers, redevelopment through public and private partnership and state and federal assisted housing.
I think and believe that the only way to fight and eliminate hunger and homelessness in Boston and all other cities in the U.S. is if there is universal health care, access to education and a restructure of our current economic system (corporation and bank institutions). If everyone receive a fair shake from birth then things like poverty, unfairness and human rights will not be a issues because everyone will have a fair distribution of equality and will have to work and earn their success, no racism, discrimination, sexism and segregation; just a just and equal world.
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