MA H3562

Bill

Enabling public housing authorities to borrow against real estate equity of publicly-owned properties

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to municipal affordable housing incentives and services. Housing.

AI Summary

This bill aims to enable public housing authorities to borrow against the real estate equity of publicly-owned properties to fund municipal affordable housing incentives and services. It allows housing authorities to partner with nonprofit organizations or community development corporations to build low- or moderate-income housing, and it establishes a program to provide various services, such as municipal decision-making processes, tenant education, and community benefits, in conjunction with the construction of affordable housing. The bill also exempts the redevelopment of federally or state-aided public housing projects from certain procurement laws, provided that the Department of Housing and Community Development approves the procurement processes.

Committee Categories

Housing and Urban Affairs

Sponsors (17)

Pete Capano (D), Mike Connolly (D), Mindy Domb (D), Jamie Eldridge (D), Nika Elugardo (D), Carlos González (D), Tami Gouveia (D), Jonathan Hecht (D), Russell Holmes (D), Patrick Kearney (D), Christina Minicucci (D), Liz Miranda (D), Denise Provost (D), Lindsay Sabadosa (D), Jon Santiago (D), Andy Vargas (D), Bud Williams (D),

Last Action

Accompanied a new draft, see H4541 (on 03/09/2020)

Official Document

https://malegislature.gov/Bills/191/H3562

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H3562
Bill	https://malegislature.gov/Bills/191/H3562.pdf

Bill	Bill Name	Last Action	Type
H1263	To promote affordable housing	Accompanied a study order, see H4975	Similar To
H1272	Relative to affordable housing	Accompanied a study order, see H4974	Similar To
H1273	Creating a commission to study the definition of affordable housing	Accompanied a study order, see H4974	Similar To
H3696	Relative to certain affordable housing in the South End section of the city of Boston	Signed by the Governor, Chapter 55 of the Acts of 2020	Similar To
H4541	Enabling public housing authorities to borrow against real estate equity of publicly-owned properties	Bill reported favorably by committee and referred to the committee on House Ways and Means	Replaced by
S2389	Relative to affordable housing in the town of Shrewsbury	Accompanied a study order, see S2528	Similar To
S2421	Further defining the purposes of the affordable housing trust in the city of Somerville	Read; and referred to the committee on House Steering, Policy and Scheduling	Similar To
S804	To update Chapter 40B to support the creation of affordable housing while strengthening local oversight	Accompanied a study order, see S2526	Similar To

Bill > H3562

MA H3562

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (17)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary