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Bill > S1943


MA S1943

MA S1943
Relative to tax credits for affordable housing


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to tax credits for affordable housing. Revenue.

AI Summary

This bill requires the Massachusetts Department of Housing and Community Development to promulgate regulations starting in 2023 that mandate any new construction or major rehabilitation project receiving Low Income Housing Tax Credit (LIHTC) funding to earn green building certification, such as through the U.S. Green Building Council's LEED (Leadership in Energy and Environmental Design) system or other equally rigorous standards. The bill also directs the Department to amend its Qualified Allocation Plan to reflect these requirements and to analyze and publicly report on the energy and water efficiency of LIHTC-funded housing, as well as provide information to applicants about available incentives and support for energy efficiency.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4736 (on 09/09/2024)

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/193/S1943
BillText https://malegislature.gov/Bills/193/S1943.pdf
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