Bill > H4977

This bill appropriates over $3.8 billion for housing initiatives and related programs across the commonwealth for the current fiscal year and potentially future years. * **Affordable Housing Trust Fund:** $800,000,000 from the General Fund for the capitalization of the Affordable Housing Trust Fund. * **Housing Stabilization and Investment Trust Fund:** $425,000,000 from the General Fund for grants or loans to this fund. * **Public Housing Modernization and Development:** $2,000,000,000 from the General Fund for state financial assistance for projects related to public housing, including modernization, accessibility improvements, and sustainability initiatives. * **Early Education and Out of School Time Capital Fund:** $50,000,000 from the General Fund for grants for the development of eligible facilities for early care and education and out-of-school time programs. * **Housing for Individuals with Mental Illness and Intellectual Disabilities:** $70,000,000 from the General Fund for loans for community-based or supportive housing for these populations. * **Housing for Persons with Disabilities:** $55,000,000 from the General Fund for loans for community-based or supportive housing for persons with disabilities who are institutionalized or at risk of institutionalization. * **Housing Innovations Trust Fund:** $200,000,000 from the General Fund for grants or loans to this fund. * **Innovative, Sustainable, and Green Housing Initiatives:** $275,000,000 from the General Fund for various financial assistance programs for innovative housing projects. * **Middle-Income Housing Fund:** $100,000,000 from the General Fund for this fund administered by the Massachusetts Housing Finance Agency. * **HousingWorks Infrastructure Program:** $175,000,000 from the General Fund for infrastructure grants to support housing development. * **Smart Growth Housing Trust Fund:** $20,000,000 from the General Fund for this fund. * **For-Sale Housing for First-Time Homebuyers:** $100,000,000 from the General Fund for a reserve to support the production of below-market for-sale housing. * **Community Development and Housing Initiatives:** $25,000,000 from the General Fund for grants and technical assistance to municipalities and regional applicants for community development and housing initiatives. * **Neighborhood Revitalization:** $50,000,000 from the General Fund for grants to assist in the revitalization of neighborhoods with blighted or substandard conditions. * **Residential Production Momentum Fund:** $50,000,000 from the General Fund to capitalize a fund for accelerating mixed-income and workforce multifamily housing production. * **Planning and Studies:** $30,000,000 from the General Fund for planning, studies, infrastructure, and site preparation related to housing. * **Local Housing Initiatives:** $425,756,900 from the General Fund for various specific local housing projects and improvements across the commonwealth. * **MBTA Communities Grant Program:** $50,000,000 from the General Fund to support communities in complying with multi-family zoning requirements. * **Veterans Supportive Housing Program:** Funds are allocated for a program to assist qualified nonprofit organizations in developing and preserving supportive housing for veterans. * **Massachusetts Healthy Homes Program:** Funds are allocated for grants and loans to address habitability concerns in residential units. * **Qualified Conversion Projects:** Tax credits are established for projects converting commercial properties to residential use. * **Homeownership Tax Credit:** Tax credits are established for the development of qualified homeownership projects. * **Sealing of Eviction Records:** Provisions are made for sealing certain eviction records in court. * **Surplus Real Property Disposition:** The bill outlines procedures for disposing of surplus state real property for housing purposes. * **Foreclosure Mediation Pilot Program:** A pilot program is established to offer mediation services to borrowers and creditors. * **Special Commissions:** Several special commissions are established to study and make recommendations on senior housing, housing accessibility for persons with disabilities, and deeply subsidized housing for low-income tenants.