As our city seeks to update its condo conversion ordinance, two things we should keep front and center are displacement and access. Condo conversion may seem like a dull, straightforward process, but the way it works inside our city–and many others–has taken on unforeseen and undesirable consequences. Too many people are being displaced as units move from the more affordable end of the rental market into luxury owner occupancy. Lower- and middle-income households have few genuine opportunities to participate in the process. While we want to create a path toward home ownership for those who seek it in our city, we need to make sure tenants have protections and that the condo conversion process works for everyone.
This is why condo conversion is one of the top-line items in our city’s affordable housing agenda.
Read the rest of the column in the Somerville Times.