Bill > H4186

This bill modifies the existing provisions for the Edgartown Affordable Housing Trust by expanding the income eligibility threshold for community housing. Currently, the trust is authorized to expend funds for affordable housing, but this legislation would allow it to support households earning up to 180 percent of the County of Dukes County median household income, as determined by the U.S. Department of Housing and Urban Development (HUD). Importantly, the bill specifies that Community Preservation Act funds will continue to be subject to their original income limits, maintaining those specific restrictions. By raising the income ceiling, the bill aims to provide housing assistance to a broader range of residents, potentially helping middle-income families who may be struggling with housing costs on Martha's Vineyard, while still preserving the original intent of supporting affordable housing. The bill represents a local legislative effort to address housing affordability in Edgartown by providing more flexibility in income-based housing support.

Housing and Urban Affairs

https://malegislature.gov/Bills/194/H4186