Authorizes the town of Wellesley to dissolve its Housing Development Corporation.
This bill allows the town of Wellesley to dissolve its Housing Development Corporation. It transfers all property and funds from the Corporation to the Municipal Affordable Housing Trust Fund of Wellesley. The act takes effect upon the town clerk posting an amendment to the town's by-laws establishing the trust fund.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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