Bill
Bill > H2729
MA H2729
Establishing a building permit fee surcharge for affordable housing in the town of Concord
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
By Representatives Cataldo of Concord and Gentile of Sudbury, a petition of Simon Cataldo, Carmine Lawrence Gentile and Michael J. Barrett (by vote of the town) that town of Concord be authorized to establish a building permit fee surcharge for affordable housing in said town. Revenue. [Local Approval Received.]
AI Summary
This bill would authorize the town of Concord to establish a building permit fee surcharge for affordable housing. The surcharge would apply to construction projects that exceed a minimum construction value set by the Select Board. The revenue from the surcharge would be deposited into the Concord Municipal Affordable Housing Trust Fund and used for purposes permitted under state law. The bill defines "affordable housing" as housing that is rented or owned by families and individuals with incomes up to 150% of the area median income, subject to restrictions to maintain long-term affordability. The bill requires the town to approve the measure through a vote at an annual or special town meeting.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H5045 (on 09/12/2024)
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/193/H2729 |
BillText | https://malegislature.gov/Bills/193/H2729.pdf |
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