General Laws of Massachusetts - Chapter 121F Housing Stabilization and Investment Trust Fund

• Massachusetts General Laws - Definitions - Chapter 121F, Section 1
  As used in this chapter the following words shall, unless the context clearly requires otherwise, have the following meanings:- “Area median income”, income as determined,...
• Massachusetts General Laws - Housing Stabilization and Investment Trust Fund; administration; projects - Chapter 121F, Section 2
  (a) There shall be within the department a separate fund to be known as the Housing Stabilization and Investment Trust Fund. The department shall administer...
• Massachusetts General Laws - Assistance from fund; eligible activities and recipients; prerequisite findings - Chapter 121F, Section 3
  (a) The fund shall finance low and no interest loans, grants, subsidies, credit enhancements and other financial assistance for alternative forms of rental and ownership...
• Massachusetts General Laws - Expiration of affordability restrictions; purchase option; waiver; first refusal option - Chapter 121F, Section 4
  For 120 days after the expiration of affordability restrictions on housing assisted under this section, the department or its assignee, who is a qualified developer...
• Massachusetts General Laws - Regulations - Chapter 121F, Section 5
  The department shall promulgate regulations for the implementation, administration and enforcement of this chapter including, but not limited to, regulations relative to grants to cities...
• Massachusetts General Laws - Annual report; contents - Chapter 121F, Section 6
  The department shall annually file a report with the house and senate committees on ways and means, the joint committee on housing and the joint...

Last modified: September 11, 2015