HOUSE DOCKET, NO. 796 FILED ON: 1/19/2011
HOUSE . . . . . . . . . . . . . . . No. 797
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The Commonwealth of Massachusetts
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PRESENTED BY:
Jeffrey Sánchez
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to encourage affordable housing.
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PETITION OF:
Name: | District/Address: | Date Added: |
Jeffrey Sánchez | 15th Suffolk | 1/19/2011 |
Gloria L. Fox | 7th Suffolk | 2/4/2011 |
Denise Provost | 27th Middlesex | 2/4/2011 |
Benjamin Swan | 11th Hampden | 2/4/2011 |
HOUSE DOCKET, NO. 796 FILED ON: 1/19/2011
HOUSE . . . . . . . . . . . . . . . No. 797
By Mr. Sánchez of Boston, a petition (accompanied by bill, House, No. 797) of Jeffrey Sánchez and others that cities and towns be authorized to establish special trust funds to provide for additional housing programs. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2896 OF 2009-2010.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An Act to encourage affordable housing.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter 44B of the General Laws as appearing in the 2004 Official Edition is hereby amended by adding the following new section:-
Chapter 44B: Section 10 ½. Linkage Programs; Neighborhood Housing Trusts.
Section 10 ½. (a) Notwithstanding the provisions of section 53 of chapter 44 of the General Laws or any other general or special law to the contrary, a city or town which has adopted a linkage program and has established a neighborhood housing trust under Chapter 371 of the Acts of 1987 shall be eligible to receive monies from the community preservation trust fund established under section 9 of chapter 44B of the General Laws.
(b) The commissioner of revenue shall disburse money into a city’s neighborhood housing trust according to the provisions of section 10 of chapter 44B. The amount of money to be disbursed shall be equal to the amount collected by a city in affordable housing exactions under chapter 371 of the acts of 1987.
(c) Any monies transferred from the community preservation trust fund to the neighborhood housing trust shall be used to encourage and facilitate the construction and preservation of affordable housing pursuant to the rules and regulations adopted by the neighborhood housing trust.