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MA S2951

MA S2951
Authorizing the town of Concord to establish an affordable housing surcharge


summary

Introduced
11/12/2020
In Committee
11/16/2020
Crossed Over
11/12/2020
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Authorizing the town of Concord to establish an affordable housing surcharge

AI Summary

This bill authorizes the town of Concord to establish an affordable housing surcharge. The surcharge would apply to construction projects that require a building permit and exceed a minimum construction value set by the town's select board. The surcharge amount and any increases would be determined by the town's by-law. All fees collected would be deposited into the town's Municipal Affordable Housing Trust Fund, which was established under state law. The bill also requires the town to hold a voter referendum on whether to accept the provisions of the bill.

Sponsors (2)

Last Action

Read; and referred to the committee on House Steering, Policy and Scheduling (on 11/16/2020)

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