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MA S785

Leveraging additional resources for local housing authorities


summary

Introduced
01/22/2019
In Committee
06/03/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to leverage additional resources for local housing authorities. Housing.

AI Summary

This bill aims to provide additional resources for local housing authorities in Massachusetts. It allows housing authorities to secure indebtedness, with the approval of the Department of Housing and Community Development (DHCD), by pledging a portion of their capital funds awarded for improvements to be carried out under a DHCD-approved capital improvement plan. The bill also specifies how proceeds from the sale or disposition of housing projects should be used, directing them towards the preservation, modernization, and maintenance of the housing authority's public housing assisted under state law, or to fund capital improvements for state-aided public housing if the authority has no such housing.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (12)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 06/03/2019)

bill text


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