Establishes a homesharing program in Massachusetts to expand housing opportunities.
The bill creates a homesharing program in Massachusetts to expand housing opportunities by allowing homeowners to rent out a room in their property to a homesharer in exchange for services or reduced rent. The program is overseen by the Executive Office of Housing and Livable Communities (EOHLC), which will set regulations and administer a homesharing opportunity relief fund. Homesharing providers must maintain insurance and homesharers must have renter's insurance. The EOHLC will also establish a model homesharing agreement and consider various factors in developing regulations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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