The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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An Act relative to counting low income in determining chapter 40B affordable 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. Notwithstanding any special or general law, rule or regulation to the contrary, any housing unit owned and occupied by a person or family whose income is 80% or less of the Area Median Income in a Metropolitan Statistical Area as determined by the federal department of housing and urban development, shall be considered an affordable housing unit solely for the purpose of calculating a community’s required 10% low or moderate income housing as established by chapter 40B of the general laws of the commonwealth.