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Bill > H4203


MA H4203

To support families on Nantucket


summary

Introduced
05/27/2021
In Committee
03/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

That the town of Nantucket be authorized to designate the Nantucket Housing Authority as the agency authorized to create, administer and enforce housing needs covenants in said town. Housing.

AI Summary

This bill authorizes the town of Nantucket to designate the Nantucket Housing Authority as the agency responsible for creating, administering, and enforcing housing needs covenants in the town. These covenants can be used to limit the use of land to occupancy by middle-income persons or families, restrict the resale price of properties to ensure affordability for future middle-income buyers, or impose other limitations to encourage the creation and retention of rental and other housing for middle-income residents. The bill also includes an exemption for "qualified family members" from the established income and asset limits required by these covenants.

Committee Categories

Housing and Urban Affairs

Sponsors (2)

Last Action

No further action taken (on 01/03/2023)

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