Bill > S956

This bill proposes several amendments to housing-related legislation aimed at improving affordable housing oversight and review. Specifically, the bill modifies the composition of a housing-related body by adding two new members: an individual with expertise in affordable housing (appointed by the senate president) and a labor union representative with housing expertise (appointed by the house speaker). It also establishes a term limit of 8 years for a director position. Additionally, the bill creates a special 3-person commission tasked with conducting a comprehensive performance review of the Massachusetts Housing Finance Agency, focusing on its affordable and low-income housing efforts in gateway cities. The commission, comprised of members appointed by the Governor, senate president, and house speaker, is required to complete its review within 30 days of the act's effective date and file a report with recommendations within one year. The goal of these provisions appears to be enhancing oversight, expertise, and accountability in affordable housing development and financing at the state level.

Housing and Urban Affairs

https://malegislature.gov/Bills/194/S956