SENATE DOCKET, NO. 2329 FILED ON: 2/19/2021
SENATE . . . . . . . . . . . . . . No. 875
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The Commonwealth of Massachusetts
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PRESENTED BY:
Sal N. DiDomenico
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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 relative to reforming the housing development incentive program.
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PETITION OF:
Name: | District/Address: |
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Sal N. DiDomenico | Middlesex and Suffolk |
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James B. Eldridge | Middlesex and Worcester | 3/8/2021 |
SENATE DOCKET, NO. 2329 FILED ON: 2/19/2021
SENATE . . . . . . . . . . . . . . No. 875
By Mr. DiDomenico, a petition (accompanied by bill, Senate, No. 875) of Sal N. DiDomenico and James B. Eldridge for legislation relative to reforming the housing development incentive program. Housing. |
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 relative to reforming the housing development incentive program.
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 1 of Chapter 40V of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by inserting after the word "units" the following words:- ", and not less than 20 per cent affordable: (i) rental units for persons whose income is not more than 50 per cent of the area median income; or (ii) owner-occupied units for persons whose income is not more than 80 per cent of the area median income."
SECTION 2. Section 4 of Chapter 40V of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by inserting after the words "market rate units", the following words:- "and not less than 20 per cent affordable: (A) rental units for persons whose income is not more than 50 per cent of the area median income; or (B) owner-occupied units for persons whose income is not more than 80 per cent of the area median income."
SECTION 3. Section 5 of said Chapter 40V, as appearing in the 2018 Official Edition, is hereby amended by inserting after the word "rate", in both times it appears, the following words:- "and affordable."