S 2342 Massachusetts Senate · 193rd Legislature (2023-2024)

An Act relative to tax credits for homeless veteran housing

This bill directs the Massachusetts Department of Housing and Community Development to reserve at least 10% of its tax credits for specific projects aiding homeless veterans. It requires that these reserved credits be used for nonprofit-sponsored developments that offer permanent housing with support services in buildings containing at least 20 units. The legislation directly affects the state's housing funding allocation process and nonprofit organizations seeking to build veteran housing. By mandating this set-aside, the bill ensures a dedicated portion of available tax incentives is available for this specific population.
Bill status passed 3 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Mar 2024
House Passage
Feb 2023
Governor
Introduced Feb 16, 2023 Last action Mar 14, 2024
Floor votes

How they voted

This bill passed the House. No roll call record of that vote is available.
Full legislative history

Actions timeline

Total actions
4
Key actions
2
Committee
2
Mar 14, 2024
Upper · Passed
Bill reported favorably by committee and referred to the committee on Senate Ways and Means
upper
Feb 16, 2023
Lower · Passed
House concurred
lower
Feb 16, 2023
Committee
Referred to the committee on Veterans and Federal Affairs
upper
1 primary · 2 co-sponsors

Sponsors