Bill > S2386

This bill is intended to provide funding and other support for the production, preservation, and modification of housing for low and moderate income residents in Massachusetts. Key provisions include: - Establishing a program to provide grants for the development of early education and out-of-school-time facilities, with a focus on large group and school-age child care centers. - Creating loan programs to assist homeowners or tenants with disabilities in making accessibility modifications to their homes, and to develop community-based or supportive housing for individuals with mental illness or intellectual disabilities. - Capitalizing the Affordable Housing Trust Fund, Housing Stabilization and Investment Trust Fund, and Housing Innovations Trust Fund to support the production and preservation of affordable housing. - Providing grants to public housing authorities for capital improvements and to extend the useful life of state-assisted public housing. - Extending and expanding various tax credits related to the remediation of contaminated properties, community investment, and historic rehabilitation to encourage the preservation and development of affordable housing. - Authorizing $1.7 billion in bonds to finance the various housing production, preservation, and modification programs established by the bill.

https://malegislature.gov/Bills/190/S2386