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2. HOME Investment Partnerships Program - Wikipedia

   en.wikipedia.org/wiki/HOME_Investment...

   The families either pay a monthly rent or may purchase the housing unit for an affordable price. [2] Site acquisition or improvement – In this type of activity, HOME funds purchase property that is later developed as affordable housing. This activity also covers the improvement and rehabilitation of current affordable housing. [2]

3. Massachusetts Development Finance Agency - Wikipedia

   en.wikipedia.org/wiki/Massachusetts_Development...

   The Massachusetts Development Finance Agency (MassDevelopment) was created in 1998 under Chapter 23G of the Massachusetts General Laws, [1] which merged the Massachusetts Government Land Bank with the Massachusetts Industrial Finance Agency. Both a lender and developer, MassDevelopment works with businesses, nonprofits, financial institutions ...

4. Moving to Work - Wikipedia

   en.wikipedia.org/wiki/Moving_to_work

   Moving to Work (MTW) is a demonstration program for public housing authorities (PHAs) that provides them the opportunity to design and test innovative, locally designed strategies that use Federal dollars more efficiently, help residents find employment and become self-sufficient, and increase housing choices for low-income families.

5. Healey announces new fund to reward compliance with MBTA ...

   www.aol.com/healey-announces-fund-reward...

   The MBTA Communities Act, signed into law by former Gov. Charlie Baker, requires 177 cities and towns to have at least one zoning district of "reasonable size" that allows multifamily housing by ...

6. Massachusetts Comprehensive Permit Act: Chapter 40B

   en.wikipedia.org/wiki/Massachusetts...

   The Comprehensive Permit Act [1] is a Massachusetts law which allows developers of affordable housing to override certain aspects of municipal zoning bylaws and other requirements. It consists of Massachusetts General Laws (M.G.L.) Chapter 40B, Sections 20 through 23, along with associated regulations issued and administered by the ...

7. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of private equity in developing affordable housing. [2] Projects developed with LIHTC credits must maintain a certain percentage of affordable units for a set period of time, typically 30 years, though there is a "qualified contract" process that can allow ...

8. L.A. will pay nearly $40 million for allegedly misusing ... - AOL

   www.aol.com/news/l-pay-nearly-40-million...

   The city of Los Angeles will pay nearly $40 million for misusing federal housing grants when it created affordable housing that was not accessible to people with disabilities, according to an ...

9. Local Initiatives Support Corporation - Wikipedia

   en.wikipedia.org/wiki/Local_Initiatives_Support...

   Compounded with the effects of the Great Recession, this led to a national housing crisis, with market-rate rents becoming unaffordable to middle- and lower-income families in many major American cities. LISC offices responded to the crisis by working to preserve affordable housing and prevent displacement. [41] [42] [43]