Boston is transforming abandoned office space into affordable homes for 1,000+ residents
In 2023, Boston launched a city-first Office-to-Residential Conversion Program. The initiative offers a tax deduction of up to 75% for up to 29 years for downtown office buildings that convert to residential use.
Fast forward about two years, and the first residents to benefit from the program are now moving into their new homes.
The city has received 15 applications to create 762 housing units across 20 buildings and convert over 600,000 square feet of office space. Once they’re complete, the projects will bring an estimated 1,500 new people living downtown by the end of 2026. With project proposals due in December, it could be even more.
Why is this good news?People deserve housing that’s affordable in their community. Instead of office spaces sitting vacant or underutilized, the program helps convert them into something that serves the city’s residents — especially those who can’t afford skyrocketing rent prices.
Solar power has overtaken gas to become Hungary’s second-largest energy source
Just a decade ago in Hungary, solar power generated a mere 0.2% of the country’s electricity — it was essentially non-existent.
In 2024, after years of skyrocketing growth, it officially overtook gas to become the country’s second-largest source of electricity, behind nuclear.
Over the same time period, coal fell to just 6% of the country’s energy generation, which helped lead to the country’s carbon emissions dropping by 45% since 1990.
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