Bill

Bill > H1563


MA H1563

MA H1563
Relative to homeowner assets


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

194th General Court

Bill Summary

By Representative Sabadosa of Northampton, a petition of Lindsay N. Sabadosa that the Housing Appeals Committee be authorized to develop an application to remove deed riders for property owners who purchased homes through the Homeowner Opportunity Program. Housing.

AI Summary

This bill amends Chapter 23B of the Massachusetts General Laws to authorize the Housing Appeals Committee to create an application process for homeowners who purchased properties through the Homeowner Opportunity Program (HOP) more than 30 years ago. The application will allow these homeowners to remove deed riders—legal restrictions that typically limit how a property can be sold or transferred—from their property. The primary goal is to enable these long-term homeowners to sell their homes at fair market value after negotiating with the Housing Appeals Committee. The bill mandates that the committee must launch this application process by June 1, 2026, providing a specific timeline for implementation. This legislation appears aimed at providing more flexibility and potential financial benefit to homeowners who participated in an affordable housing program decades earlier, recognizing their long-term investment and potential changes in their housing needs over time.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Joint Committee on Housing Hearing (13:00:00 10/15/2025 A-1) (on 10/15/2025)

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/194/H1563
BillText https://malegislature.gov/Bills/194/H1563.pdf
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