Bill > H3941

This bill authorizes supplemental financing of $12.5 billion for several housing programs in Massachusetts. Key provisions include: 1. Providing $2 billion for the development of housing to eliminate homelessness, with a focus on a balanced geographic plan and preference for nonprofit organizations. 2. Capitalizing the Social Housing Production Fund with $2 billion to facilitate the development of mixed-income social housing, and providing funding for a "right to counsel" program, community land trusts, affordable housing preservation and production, and rental assistance programs. 3. Allocating $8.5 billion for the renovation, maintenance, and upgrades of state-funded public housing to address the backlog of deferred capital projects. 4. Requiring that all construction and development activities under this act be considered public works subject to prevailing wage laws, and that contracts for the development of social housing be subject to public procurement and bidding laws. The bill is intended to address the affordable housing emergency and achieve functional zero homelessness in the Commonwealth of Massachusetts.

Housing and Urban Affairs

https://malegislature.gov/Bills/193/H3941