Massachusetts H3029 allows cities, towns, and political subdivisions to grant property tax credits on rental dwellings for owners who provide reduced.

Massachusetts H3029 provides authority for cities, towns, and political subdivisions to grant property tax credits on rental dwellings. These credits are for owners who offer reduced rents to tenants who are at least 65 years old, permanently and totally disabled and receiving benefits under federal acts, or found permanently and totally disabled by local authorities. The bill allows local governments to set specific eligibility requirements, additional limitations, the amount and duration of the credit, and other provisions necessary to implement the credit.

Massachusetts H3029 allows cities, towns, and political subdivisions to grant property tax credits on rental dwellings for owners who provide reduced.

Massachusetts H3029 provides authority for cities, towns, and political subdivisions to grant property tax credits on rental dwellings. These credits are for owners who offer reduced rents to tenants who are at least 65 years old, permanently and totally disabled and receiving benefits under federal acts, or found permanently and totally disabled by local authorities. The bill allows local governments to set specific eligibility requirements, additional limitations, the amount and duration of the credit, and other provisions necessary to implement the credit.