An Act reducing CPA recording fees for affordable housing
This bill would eliminate recording fees for subordinate mortgages on affordable housing projects when extended by public or quasi-public agencies (like cities/towns or the Massachusetts Housing Partnership). It directly affects affordable housing developers and public housing entities by removing a cost barrier for these specific mortgage filings. The key change modifies two sections of Massachusetts law to exempt these mortgage filings from standard CPA recording fees. This policy shift aims to reduce administrative costs for affordable housing financing without altering housing eligibility or funding mechanisms.
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1 primary · 0 co-sponsors
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Legislator
Party
State
District
P
Ann-Margaret Ferrante
DDemocratic
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