H4410
An Act relative to funding housing and mitigating investor real estate in seasonal communities
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- Passed Senate
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Bill overview
This bill aims to increase affordable housing options and address the growing influence of investors in seasonal communities throughout Massachusetts. It proposes to allocate state funding specifically for the development of new housing units and to implement measures designed to limit the amount of seasonal properties that are purchased by outside investors. The goal is to preserve the character and accessibility of these communities for year-round residents and local workers.
Key provisions
- Allocate state funding for the construction of new housing units in seasonal communities.
- Implement regulations to restrict the purchase of seasonal properties by out-of-state investors.
- Create a fund to support local housing initiatives within seasonal communities.
- Establish a process for assessing the impact of seasonal property ownership on local communities.
- Promote the development of diverse housing types, including affordable options.
Who is affected
- Seasonal community residents
- Local workers in seasonal communities
- Investors in seasonal real estate
- Massachusetts communities with seasonal housing
- The housing market in Massachusetts
Notable changes
- Introduces regulations to limit investor ownership of seasonal properties.
- Directs state funding towards affordable housing development in seasonal areas.
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Cosponsors
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Bill H.4410 194th (Current)
An Act relative to funding housing and mitigating investor real estate in seasonal communities
By Representative Luddy of Orleans and Senator Cyr, a joint petition (subject to Joint Rule 12) of Hadley Luddy and Julian Cyr relative to funding housing and mitigating investor real estate in seasonal communities. Housing.
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Bill Information
Bill Information
Presenters: Hadley Luddy , Julian Cyr Status: Referred to Joint Committee on Housing
Tabs
Bill History Petitioners Committee Summary Hearing Attendance
Bill History
Displaying 4 actions for Bill H.4410
| Date | Branch | Action |
| 3/20/2025 | House | Referred to the committee on House Rules |
| 8/11/2025 | House | Reported, referred to the committee on Joint Rules, reported, rules suspended and referred to the committee on Housing |
| 8/14/2025 | Senate | Senate concurred |
| 10/3/2025 | Joint | Hearing scheduled for 10/15/2025 from 01:00 PM-05:00 PM in A-1 |
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