Massachusetts S896 amends income definitions to increase access to affordable housing.

Massachusetts S896 modifies the definition of "low or moderate income household" to include deductions for student loan payments and child care expenses. It adjusts the income threshold to 80% of the area median household income, with special provisions for Nantucket and Dukes counties. This bill aims to make housing more affordable by accounting for additional financial burdens.

Massachusetts S896 amends income definitions to increase access to affordable housing.

Massachusetts S896 modifies the definition of "low or moderate income household" to include deductions for student loan payments and child care expenses. It adjusts the income threshold to 80% of the area median household income, with special provisions for Nantucket and Dukes counties. This bill aims to make housing more affordable by accounting for additional financial burdens.