MA H1524

Exempts state-aided and federally assisted public housing construction projects from Massachusetts procurement laws when undertaken by housing authorities or their controlled entities, while requiring compliance with federal procurement rules (2 C.F.R. 200) and maintaining prevailing wage requirements

Creates tax exemptions for income-restricted housing units owned by housing authorities, their controlled entities, or designated private entities, with exemptions prorated based on square footage ratio of income-restricted units to total units

Requires payment in lieu of taxes (PILOT) for exempt portions of mixed-use developments and standard real estate taxes for non-exempt commercial or market-rate portions

Authorizes housing authorities to secure debt for preservation, modernization, and maintenance of low-rent housing by pledging a portion of awarded capital funds, subject to department approval and regulations

Allows housing authorities to retain proceeds from property sales (after paying bonds and disposition costs) for preservation and modernization of public housing, or transfers proceeds to the department if no public housing remains