This bill establishes a $300 million Zero Carbon Renovation Fund administered by multiple state agencies to support energy-efficient building upgrades. It directly affects affordable housing, low/moderate income homes, public schools, municipal buildings, and certified small businesses across Massachusetts. The fund covers renovations that make buildings highly energy efficient, use all-electric systems, include on-site renewable energy, and use low-carbon materials, while also funding necessary remediation like lead paint removal or electrical upgrades. Priority is given to environmental justice communities and "gateway cities," with funds carried forward annually instead of reverting to the general budget.
This bill allows municipalities to voluntarily participate in a program giving them the first right to purchase certain properties for affordable housing. It directly affects property owners of buildings with three or fewer units or mid-size multifamily buildings who receive an offer to sell. Municipalities must be notified by the owner when a sale offer is received, then have 120 days to inspect, match the sale price, and buy the property to maintain as permanently deed-restricted affordable housing. Owners of qualifying properties receive up to $500 per unit (capped at $10,000 per property) plus recording costs, with total program payments limited to $5 million. The program is administered by the Department of Housing and Community Development under new regulations.
This bill imposes a real estate transfer fee on residential property sales in Falmouth where the purchase price is $1 million or more. Sellers pay a graduated fee: 1% on amounts over $1 million up to $1.5 million, plus additional percentages for higher tiers (e.g., 1.5% on amounts over $1.5 million up to $2 million, and 2% above $2 million). All collected fees go directly to the Falmouth Affordable Housing Fund, which uses them for affordable housing projects. Exemptions include government transfers, family sales, charitable organizations, and properties under existing affordable housing restrictions. The fee applies to residential transfers only, with sellers required to submit documentation verifying the purchase price and fee amount.
HD 3381 establishes a transfer fee on property sales in Dukes County towns (Martha’s Vineyard) to fund year-round affordable housing preservation. The bill requires purchasers to pay a fee of 0.5% to 2% on the portion of a property’s sale price exceeding a set threshold, with rates potentially varying by property type or price. The collected fees will support a regional housing trust fund managed by member towns to maintain properties as permanently affordable for low- and moderate-income households. This directly affects property buyers and sellers in Dukes County, with the fee applying to most real estate transactions to generate dedicated funding for housing.
This bill creates a $300 million Zero Carbon Renovation Fund to support energy upgrades in existing buildings across Massachusetts. It directly affects affordable housing, low/moderate income homes, public schools, municipal buildings, and certified small businesses by funding renovations that must include all-electric systems, on-site renewable energy, and low-carbon materials. The fund covers costs for energy efficiency improvements and necessary pre-renovation repairs like lead paint removal or electrical upgrades. Administered by multiple state agencies, the fund prioritizes environmental justice communities and gateway cities while ensuring unspent funds carry over annually.
By Representative Moakley of Falmouth and Senator Cyr, a joint petition (accompanied by bill, House, No. 3903) of Thomas W. Moakley and Julian Cyr (by vote of the town) that the town of Nantucket be authorized to impose a real estate transfer fee for affordable and workforce housing and related capital improvements. Revenue. [Local Approval Received.]
This bill authorizes the state to transfer two specific parcels of land in Brockton for community use. The first parcel (to Catholic Charitable Bureau) is for affordable housing (for households earning ≤80% of area median income) and a community services center, sold for $1 with a reversion clause if purposes are violated. The second parcel (to the city of Brockton) is for redevelopment, also sold for $1, with net proceeds split equally between the city and state. Both transfers require competitive bidding if not used by 2030, and include oversight mechanisms like independent appraisals and committee reporting.
By Representative Ferrante of Gloucester, a petition (accompanied by bill, House, No. 3092) of Ann-Margaret Ferrante relative to recording fees paid by certified public accountants to registers of deeds and assistant recorders under the community preservation law. Revenue.
This bill imposes a 1% real estate transfer fee on residential property sales in Concord exceeding $1 million, paid by the buyer. It directly affects high-value homebuyers and entities owning residential property in Concord, with exemptions for government transfers, affordable housing, family transfers, and low-value sales. The fee funds the Concord Municipal Affordable Housing Trust Fund, which supports affordable housing programs, and requires buyers to submit affidavits verifying the purchase price and fee payment with property deeds. The Town must annually report fee collections and program impacts to ensure transparency.
This bill (SD 1591) amends Massachusetts' climate demonstration project rules to allow up to 20 cities and towns to participate (increasing the limit from 10). It requires participating cities/towns to first meet housing affordability standards - either by meeting a 10% affordable housing threshold under Chapter 40B or approving zoning that permits multi-family housing without age restrictions for families with children. Cities that already met the housing threshold by December 21, 2020, are exempt from this requirement. The Department of Energy Resources must issue implementing regulations by July 1, 2026.
