An Act relative to affordable housing and environmental adaptation dollars
This bill modifies fees collected under Chapter 64D to redirect funds into three specific trust funds: the Global Warming Solutions Trust Fund (for climate programs), the Affordable Housing Trust Fund, and the Housing Preservation and Stabilization Trust Fund. It increases certain fees (e.g., from $1.50 to $1.71) and requires that funds deposited into these trusts prioritize investments in environmental justice populations and regional equity. The bill also creates tax credits for low-income home sellers (25% of the fee payment) and for sellers to first-time homebuyers, with eligibility tied to income thresholds and joint tax filing. These changes aim to channel revenue toward housing affordability and climate adaptation efforts while specifying allocation rules for the trust funds.
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1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
SM
Sam Montaño
DDemocratic
Co
Chris Flanagan
DDemocratic
Co
Chris Worrell
DDemocratic
Co
Christine Barber
DDemocratic
Co
Erika Uyterhoeven
DDemocratic
Co
Jamie Eldridge
DDemocratic
Co
Jason Lewis
DDemocratic
Co
Jim Hawkins
DDemocratic
Co
Lindsay Sabadosa
DDemocratic
Co
Rob Consalvo
DDemocratic
Co
Steve Owens
DDemocratic
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