summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to housing development incentive program tax credits. Housing.
AI Summary
This bill amends the Housing Development Incentive Program in Massachusetts to require that at least 20% of the housing units developed under the program be affordable. Specifically, it mandates that the affordable units must either be rental units for individuals with incomes not exceeding 50% of the area median income, or owner-occupied units for individuals with incomes not exceeding 80% of the area median income. The bill also requires that the tax credit rate for the program be applied to the affordable housing units as well.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Accompanied a study order, see H5276 (on 09/19/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H1375 |
| Bill | https://malegislature.gov/Bills/192/H1375.pdf |
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