The Commonwealth of Massachusetts
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PRESENTED BY:
Anthony W. Petruccelli
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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 passage of the accompanying bill:
An Act relative to affordable housing.
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PETITION OF:
Name: |
District/Address: |
Anthony W. Petruccelli First Suffolk and Middlesex
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act relative to affordable housing.
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. Chapter 44B is hereby amended by inserting after section 16 the following section:-
Section 16A. For those communities using Community Preservation Fund monies and whose low and moderate housing stock exceeds 10% of its total year-round housing units, all Community Preservation Fund developments shall be required to have 50% of the development be owner-occupied or 50% of the development priced at market rate.