Establishes statutory housing restrictions and remedies for breaches in Massachusetts.
This bill creates statutory housing restrictions in Massachusetts, defining terms such as "affordable value" and "eligible household." It outlines procedures for selling properties subject to these restrictions, including public auction or private sale, and mandates notice to various parties. The bill also details the rights and obligations of holders of statutory housing restrictions, including the power to sell and the conditions under which this power can be exercised.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.