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Bill > H3669


MA H3669

Establishing the Martha's Vineyard Housing Trust


summary

Introduced
03/27/2019
In Committee
04/04/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to establish a Martha’s Vineyard housing bank. Municipalities and Regional Government.

AI Summary

This bill establishes the Martha's Vineyard Housing Bank (the "Housing Bank"), a public instrumentality with the purpose of preserving and creating year-round housing on the island of Martha's Vineyard. The Housing Bank will be governed by a 7-person Housing Bank Commission, with 6 members elected from the towns of Aquinnah, Chilmark, Edgartown, Oak Bluffs, Tisbury, and West Tisbury, and 1 member appointed by the Dukes County Regional Housing Authority. The Housing Bank Commission will have broad powers, including the ability to accept and receive property, purchase and retain real or personal property, borrow money, and adopt regulations and procedures to provide funding for various housing programs.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Accompanied a study order, see H5127 (on 11/19/2020)

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