Massachusetts H313 encourages smart growth and starter home zoning adoption by providing financial incentives.
Massachusetts H313 amends Chapter 40R of the General Laws to encourage smart growth and starter home zoning adoption. The bill introduces a zoning incentive payment schedule for cities and towns with approved smart growth or starter home zoning districts. Payments range from $20,000 for up to 20 units of new construction to $1,200,000 for 501 or more units. Additionally, a one-time density bonus payment of $6,000 per new housing unit is provided for each city or town with an approved smart growth or starter home zoning district.
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