An Act establishing a commission to study reforms to the low-income housing tax credit program
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a commission to examine potential reforms to the Low-Income Housing Tax Credit (LIHTC) program. The commission will include members of the General Court and will conduct a comprehensive study of the program’s effectiveness and identify areas for improvement. The goal is to ensure the LIHTC program continues to support affordable housing development in Massachusetts. This study will inform future policy decisions related to this important housing initiative.
Key provisions
- Establish a commission to study the LIHTC program.
- The commission will include members of the General Court.
- The commission will assess the program’s effectiveness.
- The commission will identify potential reforms.
- The commission’s findings will inform future housing policy.
- The commission will conduct a comprehensive study.
Who is affected
- Developers of affordable housing
- Low-income housing residents
- The Massachusetts housing market
- Government agencies involved in housing policy
- Taxpayers
Notable changes
- The bill aims to improve the LIHTC program through a formal study.
- The commission’s recommendations could lead to changes in program eligibility, funding, or incentives.
Bill text
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Sponsors
Official sponsors from legislative records.
7 on record
Primary sponsor
Bradley H. Jones Jr.
Cosponsors
Bradley H. Jones Jr.
Kimberly N. Ferguson
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