Bill > S2077

This bill requires the Executive Office of Housing and Liveable Communities to implement new green building certification requirements for affordable housing projects receiving Low Income Housing Tax Credits (LIHTC) starting in 2025. Specifically, any new construction or major rehabilitation development funded through LIHTC must obtain third-party green building certification, primarily through the U.S. Green Building Council's LEED (Leadership in Energy and Environmental Design) rating system or other equally rigorous certification systems that meet specific environmental standards. The bill directs the department to modify its Qualified Allocation Plan (QAP) to incorporate these new requirements and mandates ongoing analysis of energy and water efficiency in LIHTC-funded housing. Additionally, the department must provide information to potential LIHTC applicants about available energy efficiency incentives and support. This legislation aims to promote environmental sustainability and energy efficiency in affordable housing developments by ensuring that such projects meet stringent green building standards.

Budget and Finance

https://malegislature.gov/Bills/194/S2077