Establishes a permanent affordability homeownership program to aid in the development of affordable housing units.
The bill creates a permanent affordability homeownership program to aid in the development and construction of permanently affordable homeownership opportunities. Funds from the program can only be used to fund housing projects with 1 to 25 units, and must be affordable to low and moderate income households. The executive office of housing and livable communities will report annually on the program's activities and status.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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