Bill

Bill > H3891


MA H3891

MA H3891
To establish a surcharge on specific commercial development activities for the purpose of funding the creation of community housing


summary

Introduced
06/15/2021
In Committee
03/17/2022
Crossed Over
05/09/2022
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

That the town of Lexington be authorized to establish a commercial linkage fee to certain commercial construction building permits issued by said town for the purpose of affordable housing. Housing. [Local Approval Received.]

AI Summary

This bill authorizes the town of Lexington to establish a commercial linkage fee on certain commercial development projects. The fee revenue will be used to fund the creation of affordable housing in the town. The bill outlines the payment structure for the fee, which must be paid in three equal annual installments, and empowers the building commissioner to levy fines for non-compliance. The funds collected will be deposited into the town's Affordable Housing Capital Stabilization Fund or an affordable housing trust. The term "community housing" is defined as per the state's existing definition in the General Laws.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Read second and ordered to a third reading (on 06/16/2022)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...