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Richmond Vista could regain its status on the Subsidized Housing Inventory with just one more rental unit, but it might cost the trust up to $60,000 to make it happen.

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Trust discusses paying up to roughly $50,000'$60,000 to restore Richmond Vista to SHI eligibility
Trust members discussed Richmond Vista and 40B rules that currently exclude some units from the Subsidized Housing Inventory; staff said adding one rental-designated affordable unit could return the development to the SHI and estimated a trust contribution in the five-figure range might secure a deed restriction to accomplish that.
citizenportal.ai
September 17, 2026 at 9:53 PM
The Wakefield Housing Trust is set to revolutionize affordable housing by rounding up fractional unit requirements and shifting fee calculations to a more flexible trust policy!

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Trust forwards payment-in-lieu zoning bylaw to town meeting, rounds fractional units up
The Wakefield Housing Trust approved sending an amendment to its inclusionary zoning bylaw to the town-meeting warrant that would round fractional affordable-unit requirements up and delegate fee-calculation details to a trust policy; staff may work with counsel on nonmaterial edits prior to filing.
citizenportal.ai
August 25, 2026 at 9:04 PM