Bill > S2935

This bill authorizes the town of Boxford to establish the Boxford Small Repair Grants Trust, which aims to provide funds for the preservation of housing for low- and moderate-income Boxford residents through home repair grants. The trust will be governed by a five-member board of trustees appointed by the Select Board and will have the authority to disburse funds, establish program parameters, and accept and receive money from various sources. The trust will be considered a municipal agency, with its financial records subject to oversight by the town. Eligible grant recipients include income-qualified Boxford residents who are 60 years of age or older, or have a permanent disability, and have a household income at or below 100% of the area median income. In the event of the trust's termination, the remaining funds will be returned to the town for affordable housing purposes.

Government Affairs

https://malegislature.gov/Bills/192/S2935