Boston Mayor Martin Walsh announced Friday that $20.6 million will be allocated for housing in the city’s 2020 fiscal year budget, an increase of 45 percent over the amount given last year. The funds are, according to a City press release, aimed at expanding access to affordable housing and combating homelessness in Boston.

Boston Mayor Martin Walsh announced Friday his plans to revitalize the city’s emergency shelter system for people affected by homelessness. The goal of the initiative is to modernize the current...