Massachusetts S863 amends the housing development incentive program to require at least 20% of units to be affordable housing.
Massachusetts S863 proposes changes to the housing development incentive program, mandating that at least 20% of units in new developments must be affordable. This includes rental units for those earning up to 50% of the area median income and owner-occupied units for those earning up to 80% of the area median income. The bill also modifies the definition of "market rate units" to include affordable housing.
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