Bill
Bill > H5009
summary
Introduced
07/11/2022
07/11/2022
In Committee
08/18/2022
08/18/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
That the city known as the town of Watertown be authorized to adopt an affordable housing linkage fee for non-residential development. Housing. [Local Approval Received.]
AI Summary
This bill authorizes the city of Watertown to adopt an affordable housing linkage fee for non-residential development that requires zoning relief and exceeds a specific square footage threshold. The fee, initially not to exceed $18 per square foot and adjustable based on the Consumer Price Index, would be deposited into a revolving fund to be administered by the city's affordable housing trust fund and used for affordable housing production. The purpose of this act is to help Watertown address the increased demand for affordable housing caused by new large-scale commercial development in the city.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Amended by substitution of a bill with the same title, see H5383 (on 11/10/2022)
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/H5009 |
| Bill | https://malegislature.gov/Bills/192/H5009.pdf |
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