Establishes a financing program for qualifying improvements to residential properties in Massachusetts.
The bill creates a financing program for qualifying improvements to residential properties in Massachusetts. Municipalities can authorize programs to finance improvements such as storm hardening, energy efficiency, and water conservation. The program includes assessments levied on the property, which are collected until the improvements are paid off. Contractors must be registered and licensed to participate. The bill outlines procedures for program administration, contractor registration, and enforcement of the program.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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