There are hereby established Housing Development Overlay Districts
within the City.
The purpose of the establishment of the Housing Development
Overlay Districts is to develop market-rate housing in accordance
with MGL Chapter 40V and the regulations set forth at 760 CMR 66.00.
Housing Development Overlay Districts shall be considered as
overlaying and shall overly all other zoning districts within its
boundaries. Any uses permitted in the district, or portions thereof
so overlaid, shall be permitted, subject to all provisions applicable
to the district. Buildings within the district may be altered, enlarged
or reconstructed for the use of market-rate residential units and
uses customarily accessory to market-rate residential units. For the
purposes of this division and in accordance with MGL Chapter 40V,
a "market-rate residential unit" is defined as a residential unit
priced for households above 110% of the area's household median income.