MA H1500

Adds two new members to the Massachusetts Housing Finance Agency board: an affordable housing expert appointed by the senate president, and a labor union representative with housing expertise appointed by the house speaker

Limits the executive director position at MassHousing to a term of not more than 8 years

Creates a 3-member special commission to conduct a performance review of MassHousing's last 5 fiscal years, focusing on affordable and low-income housing in gateway cities

Commission members appointed by the Governor, senate president, and house speaker, with review commencing within 30 days of the act's effective date

Commission must file a report with recommendations for increasing affordable and low-income housing in gateway cities within 1 year of starting the review