This bill amends property tax assessment rules to require local assessors to consider recorded restrictions on a property's use when determining its fair cash value for taxation. It specifically affects affordable housing properties that have legal limits on rent or sale prices documented in their deeds. The key change mandates that assessors factor these restrictions into valuation calculations, rather than treating all properties equally under current rules. This adjustment aims to ensure affordable housing is taxed based on its actual restricted use, potentially lowering tax burdens for qualifying properties.
HD 3193 modifies Massachusetts' property transfer tax by creating graduated rates for home sales over $250,000. For sales between $250,000-$500,000, the tax rate increases to 1.1x the existing rate; higher tiers apply for sales exceeding $500,000, $1 million, and $2 million. The bill directly affects sellers of higher-value homes by increasing their tax burden, with all revenue from these higher rates required to fund housing initiatives. Specifically, the tax revenue must be split equally between housing crisis programs and Affordable Housing Act initiatives established under Chapter 150 of the 2024 Acts. (Note: The "existing rate" referenced is not specified in the bill text.)
By Mr. Crighton, a petition (accompanied by bill, Senate, No. 963) of Brendan P. Crighton for legislation relative to local preference in affordable housing. Housing.
By Mr. Brownsberger, a petition (accompanied by bill, Senate, No. 1930) of William N. Brownsberger for legislation to authorize a local affordable housing surcharge. Revenue.
This bill requires all low or moderate income housing built under a comprehensive permit to remain affordable permanently, rather than for a limited period. It directly affects developers and housing authorities using Chapter 40B's comprehensive permitting process for such projects. The key provision (added as Section 21A) mandates that affordability restrictions apply "in perpetuity" for these units. The law takes effect on July 1, 2026.
This bill amends Massachusetts' Chapter 40B law to clarify how affordable housing is counted. It redefines "low or moderate income housing" to explicitly include federally or state-subsidized housing built or operated by public agencies, nonprofits, or limited-dividend groups. Crucially, it adds that 50% of homes in manufactured housing communities (as defined in Chapter 140) must be counted toward a city or town's affordable housing threshold, using documentation from the Executive Office of Housing and Livable Communities' inventory. This change directly affects cities and towns required to meet affordable housing thresholds under Chapter 40B by expanding the types of housing that count toward that requirement.
This bill creates a state program to develop permanently affordable homeownership options for low and moderate income buyers in Massachusetts. It requires that new homes funded under the program maintain affordability for at least 99 years and be part of projects with 1-25 housing units. Funds can only support homes in mixed-use developments if they are permanently affordable for households earning 70-120% of the area median income. The program mandates annual reporting on funded projects, including grant amounts, units created, and affordability levels.
HD 4092 requires Massachusetts' Executive Office of Housing to create regulations by January 1, 2024, allowing landlords to apply for rental assistance programs on behalf of their tenants. This directly affects tenants eligible for programs like the Massachusetts Rental Voucher Program, Alternative Housing Voucher Program, and Rental Assistance for Families in Transition. The key provision mandates that housing authorities and contracted agencies accept these landlord-submitted applications for rental assistance. The bill aims to simplify access to housing support by removing a barrier that previously required tenants to apply directly.
HD 2987 creates a state program to help formerly incarcerated people secure housing. The Department of Housing will coordinate a "reentry and formerly incarcerated persons program" requiring agencies to provide housing assistance before and after release, including financial support like housing vouchers. The bill mandates annual reviews of housing programs to track who benefits (using demographic data) and improve services based on feedback from formerly incarcerated people. It also adds priority preferences for this group in multiple state-funded housing initiatives, including affordable housing projects and public housing developments.
HD 1742 requires developers planning large-scale housing projects (35+ residential units) to complete and submit a fair housing assessment to the state housing department and local municipality at least 180 days before construction begins. The assessment must analyze the project’s potential impacts on housing discrimination, displacement, and fair housing access, plus detail how the development will minimize harm and actively promote fair housing - defined as affordable, safe, non-discriminatory, and accessible housing. Noncompliance may result in fines issued by the executive office of housing. This bill directly affects developers of major apartment buildings and condominium associations, imposing a new pre-construction review process focused on preventing housing inequity.