HOUSE DOCKET, NO. 2867        FILED ON: 2/18/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1431

The Commonwealth of Massachusetts

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PRESENTED BY:

Lenny Mirra and James M. Kelcourse

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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 increase access and financing for smart growth developments.

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PETITION OF:

HOUSE DOCKET, NO. 2867        FILED ON: 2/18/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1431

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Second General Court
(2021-2022)

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An Act to increase access and financing for smart growth developments.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 6 of Chapter 40R, as appearing most recently in the 2018 Official Edition, is hereby amended by striking the word “shall” the first and fourth time it appears, and inserting in place thereof the following word:- may

SECTION 2. Section 9 of Chapter 40R, as so appearing, is hereby amended by striking the figure “$10,000” and putting in place thereof the following new figure:- $20,000

SECTION 3. Said section of said chapter, as so appearing, is hereby further amended by striking the figure “$75,000” and putting in place thereof the following new figure:- $150,000

SECTION 4. Said section of said chapter, as so appearing, is hereby further amended “$200,000” and putting in place thereof the following new figure:- $400,000

SECTION 5. Said section of said chapter, as so appearing, is hereby further amended “$350,000” and putting in place thereof the following new figure:- $700,000

SECTION 6. Said section of said chapter, as so appearing, is hereby further amended “$600,000” and putting in place thereof the following new figure:- $1,200,000

SECTION 7. Said section of said chapter, as to appearing, is hereby further amended by inserting at the end thereof the following new words:-

(d) The commonwealth shall pay from the trust fund or other funds from appropriations or other money authorized by the general court a one-time transit-oriented-development bonus payment to each city or town who develops new units within one half of a square mile from any transit stop within said city or town. This payment shall be $3,000 for each housing unit of new construction created within this district. The amount due shall be paid on a unit-by-unit basis in accordance with department regulations, upon submission by a city or town of proof of issuance of a building permit for a particular housing unit or units within the district.