By Mr. Tarr, a petition (accompanied by bill, Senate, No. 2089) of Bruce E. Tarr for legislation relative to first-time home buyers savings accounts. Revenue.
By Representative Honan of Boston, a petition (accompanied by bill, House, No. 1518) of Kevin G. Honan relative to single-family home construction. Housing.
HD 3599 limits annual rent increases for seniors over 60 in private rental housing when their unit is sold to a new owner. It caps rent hikes at the lesser of the local Consumer Price Index change or 5% for five years, provided the tenant is on a public housing waitlist or agrees to apply. The law applies to most private rental units but excludes owner-occupied buildings with two units or less and units already regulated by public authorities. It requires cities/towns to ensure these stabilized units are available to seniors earning 80% or less of the Area Median Income.
This bill creates a property tax break for homeowners who make specific modifications to their homes to accommodate elderly or disabled tenants. It allows a $500 annual reduction in property taxes for improvements made to provide housing for someone aged 60 or older, or a disabled person (as defined in the bill), who is not the home's owner. The home must have been a single or multi-family residence with no more than three units before the changes, and the homeowner must annually confirm the tenant's eligibility. The exemption ends if the tenant no longer lives there and cannot be claimed more than once per year by a single homeowner.
By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 1018) of Patrick M. O'Connor for legislation to allow municipalities to preserve owner occupancy in accessory dwelling units. Housing.
By Mr. Fernandes, a petition (accompanied by bill, Senate, No. 2002) of Dylan A. Fernandes relative to the establishment of first-time homebuyer savings accounts and providing for an income tax deduction for certain amounts contributed to such accounts. Revenue.
By Mr. Fernandes, a petition (accompanied by bill, Senate, No. 2002) of Dylan A. Fernandes relative to the establishment of first-time homebuyer savings accounts and providing for an income tax deduction for certain amounts contributed to such accounts. Revenue.
By Representative Ramos of Springfield, a petition (accompanied by bill, House, No. 3216) of Orlando Ramos relative to tax credits for home sales to first-time home buyers. Revenue.
By Representative Markey of Dartmouth, a petition (accompanied by bill, House, No. 3180) of Christopher M. Markey relative to a first-time homebuyer tax credit. Revenue.
By Representative Sabadosa of Northampton, a petition (accompanied by bill, House, No. 1563) of Lindsay N. Sabadosa that the Housing Appeals Committee be authorized to develop an application to remove deed riders for property owners who purchased homes through the Homeowner Opportunity Program. Housing.