SD 876 Massachusetts Senate · 194th Legislature (2025-2026)

Resolve creating a special commission on affordable housing insurance

This bill establishes a 10-member special commission to develop rules for insurance companies setting rates on two types of housing: properties with affordability restrictions (like rent-controlled units) and properties where tenants use housing vouchers. The commission, including housing advocates, industry representatives, and agency heads, must create a framework for these rates and report its findings to key legislative committees by December 31, 2026. It directly affects insurance companies and the affordable housing sector by targeting how insurance costs are determined for these specific properties. The bill itself does not change current law but creates a process for potential future policy recommendations.
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