S 985
An Act relative to 40B condominium units
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill proposes establishing an expense reimbursement program for 40B condominium units. The program aims to help cover costs associated with maintaining these units, which are a significant source of affordable housing in Massachusetts. It seeks to address potential financial challenges faced by 40B condominium associations and ensure the long-term viability of these affordable housing developments. The bill is currently under consideration by the Housing committee.
Key provisions
- Creation of an expense reimbursement program for 40B condominium units.
- The program will cover specific costs associated with maintaining these units.
- The bill intends to support the ongoing affordability of 40B housing.
- It is sponsored by Senator Ryan C. Fattman.
Who is affected
- 40B condominium associations
- Homeowners in 40B condominium units
- Massachusetts residents utilizing 40B affordable housing
Notable changes
- This bill introduces a new mechanism for financial support for 40B condominiums.
- It does not directly change the definition or eligibility requirements for 40B housing.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Ryan C. Fattman
Cosponsor
Ryan C. Fattman
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Bill S.985 194th (Current)
An Act relative to 40B condominium units
By Mr. Fattman, a petition (accompanied by bill, Senate, No. 985) of Ryan C. Fattman for legislation to develop an expense reimbursement program relative to 40B condominium units. Housing.
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Bill Information
Bill Information
Presenter: Ryan C. Fattman
Tabs
Bill History Petitioners Primary Sponsor Summary
Bill History
Displaying 5 actions for Bill S.985
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Housing |
| 2/27/2025 | House | House concurred |
| 5/27/2025 | Joint | Hearing scheduled for 06/04/2025 from 09:00 AM-01:00 PM in A-2 |
| 6/2/2025 | Joint | Hearing rescheduled to 06/04/2025 from 09:00 AM-01:00 PM in B-2 |
| 12/4/2025 | Senate | Accompanied a study order, see S2765 |
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