Massachusetts H241 encourages smart growth and starter home zoning adoption with financial incentives.

Massachusetts H241 amends Chapter 40R to provide zoning incentive payments for smart growth and starter home zoning districts. The commonwealth offers payments based on the number of new construction units, ranging from $20,000 for up to 20 units to $1,200,000 for 501 or more units. Additionally, cities or towns receive a one-time density bonus payment of $6,000 per housing unit for smart growth districts and a production bonus payment of $6,000 per unit for starter home districts. These payments aim to encourage the adoption of smart growth and starter home zoning.

Massachusetts H241 encourages smart growth and starter home zoning adoption with financial incentives.

Massachusetts H241 amends Chapter 40R to provide zoning incentive payments for smart growth and starter home zoning districts. The commonwealth offers payments based on the number of new construction units, ranging from $20,000 for up to 20 units to $1,200,000 for 501 or more units. Additionally, cities or towns receive a one-time density bonus payment of $6,000 per housing unit for smart growth districts and a production bonus payment of $6,000 per unit for starter home districts. These payments aim to encourage the adoption of smart growth and starter home zoning.