Bill

Bill > S2421


MA S2421

Relative to tax credits for homeless veteran housing


summary

Introduced
03/29/2021
In Committee
02/14/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to tax credits for homeless veteran housing. Veterans and Federal Affairs.

AI Summary

This bill directs the Department of Housing and Community Development to set aside at least 10% of its allocated tax credits for projects sponsored by non-profit organizations that will provide permanent, service-based housing for formerly homeless veterans in multifamily properties of at least 20 units. The bill aims to incentivize the development of housing specifically for homeless veterans as part of the Qualified Allocation Plan, which is a framework used to allocate low-income housing tax credits.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (3)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/14/2022)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...