Establishes a Massachusetts Center for Housing Cooperatives to promote and support housing cooperatives for low to moderate income people.
The bill establishes a Massachusetts Center for Housing Cooperatives within the Executive Office of Housing and Livable Communities. The center will provide education, outreach, and support to promote housing cooperatives for low to moderate income people. It will expand and enhance cooperative resident ownership, preserve and increase the number of cooperatively owned properties, and research and evaluate cooperative housing ownership. The center will also provide grants and showcase cooperative housing initiatives.
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