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.