Bill > S2317

This bill aims to establish a building permit surcharge in the town of Concord, Massachusetts. The key provisions of the bill are: 1. The town of Concord may, by bylaw, require the payment of an affordable housing surcharge for any construction that requires a building permit and exceeds a minimum construction value set by the Select Board. The bylaw will specify the surcharge amount, how it can be increased over time, and any types of construction or uses that will be exempt from the surcharge. 2. All fees received from the surcharge will be dedicated to the Concord Housing Development Corporation or deposited in the Concord Affordable Housing Trust Fund. 3. For the purposes of this act, "affordable housing" is defined as per section 1 of chapter 60 of the Massachusetts General Laws. 4. The town of Concord must first approve the act at an annual Town Meeting, followed by an affirmative vote of a majority of voters at any regular or special election, before the relevant sections of the bill can take effect.

Housing and Urban Affairs

https://malegislature.gov/Bills/191/S2317