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MA H1341

MA H1341
Authorizing the town of Reading to dissolve its Affordable Housing Trust Fund


summary

Introduced
02/16/2023
In Committee
10/18/2023
Crossed Over
01/18/2024
Passed
01/22/2024
Dead
Signed/Enacted/Adopted
02/06/2024

Introduced Session

193rd General Court

Bill Summary

Relative to authorizing the town of Reading to dissolve its Affordable Housing Trust Fund. Housing. [Local Approval Received.]

AI Summary

This bill authorizes the town of Reading to dissolve its existing Affordable Housing Trust Fund established under a prior law, and transfer all of its properties and funds to a new Affordable Housing Trust to be established under the state's general laws. The new trust will manage, dispose of, or expend these transferred assets in accordance with the state's affordable housing trust fund statute. The bill will take effect once the town clerk publishes an amendment to the town's bylaws to establish the new affordable housing trust.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Signed by the Governor, Chapter 11 of the Acts of 2024 (on 02/06/2024)

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/H1341
BillText https://malegislature.gov/Bills/193/H1341.pdf
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