Mayors from Cambridge, Lynn, Salem and Somerville joined with leaders from the City of Boston and Lt. Governor Kim Driscoll on Monday, May 8 to sign the CommonWealth Development Compact, committing to historic 25 percent Diversity, Equity, and Inclusion (DEI) evaluation criteria in public real estate development projects within their municipalities, as well as groundbreaking DEI considerations in private real estate projects. Minority-and women-owned businesses have been severely underrepresented in real estate development, comprising less than one percent of developers […]