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November 21, 2024 Rain | 46°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title VII CITIES, TOWNS AND DISTRICTS
  4. Chapter 40T PUBLICLY–ASSISTED AFFORDABLE HOUSING
  5. Section 8 Regulatory agreements

Section 8

Section 8: Regulatory agreements

Section 8. A purchase by the department or by its designee pursuant to this chapter shall be subject to a regulatory agreement. A regulatory agreement shall not contain any terms that would preclude an owner or buyer from participating in, or diminishing the benefits that an owner would otherwise receive by participating in the United States Department of Housing and Urban Development's Mark Up to Market Program.