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Bill > H705
MA H705
MA H705Relative to reducing damage caused by the current foreclosure crisis in the historic districts of Massachusetts
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to foreclosures in the historic districts of the Commonwealth. Housing.
AI Summary
This bill authorizes the creation of a Historic District Stabilization Committee in Massachusetts to address the foreclosure crisis in historic districts. The committee would be able to acquire properties in default through eminent domain, conduct studies to establish a community appraisal framework, work with residents and city officials to inventory and manage impacted properties, and market the properties to preserve and enhance the value of the historic district. The bill also allows communities eligible for historic district designation, but not yet officially designated, to receive the protections of the act upon petition of 51% of property owners. The provisions of the bill are intended to target historic districts within the Neighborhood Stabilization Program's Stabilization Target Areas.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Accompanied a study order, see H4740 (on 07/12/2018)
Official Document
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/190/H705 |
| Bill | https://malegislature.gov/Bills/190/H705.pdf |
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