Amendment #298 to H4707

In furtherance of the authorization for a Social Housing Pilot program

Mr. Connolly of Cambridge moves to amend the bill by adding the following section: "SECTION XXXX. There shall be set upon the books of the Commonwealth a separate fund to be known as the Social Housing Production Revolving Loan Fund. The purpose of said fund shall be to facilitate a mixed income social housing pilot program in which a local or regional housing authority or other public or quasi-public entity maintains majority ownership or control of such housing. The Executive Office of Housing and Livable Communities shall engage relevant stakeholders and promulgate regulations relative to the operation of said fund by September 30, 2025; provided further, that the authorization of funding for a social housing pilot program in line item 7004-0078 may be used to capitalize said fund.".

Additional co-sponsor(s) added to Amendment #298 to H4707

In furtherance of the authorization for a Social Housing Pilot program