By Mr. Cabral of New Bedford, petition (accompanied by bill, House, No. 1207) of Antonio F. D. Cabral and Steven J. D'Amico relative to loans for low and moderate income housing for owner-occupied multi-dwelling units.  Housing.

 

The Commonwealth of Massachusetts

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PETITION OF:

 


Antonio F. D. Cabral

Steven J. D'Amico

 

 


 

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In the Year Two Thousand and Seven.

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 An Act relative to low and moderate income housing.

 

    Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:


 

SECTION 1. The first paragraph of section 5 of chapter 846 of the Acts of 1974, as most recently amended by section 22 of chapter 264 of the Acts of 1982, is hereby further amended by adding the following sentence:— Twenty percent of all monies loaned hereunder shall be for owner-occupied multi-dwelling units containing at least two units.