MA H297

Adds "neighborhood stabilization" as an eligible purpose under Chapter 70B of the General Laws for state assistance programs

Creates new "spot rehabilitation property" and "spot blight project sponsor" categories under Chapter 121A, enabling community development corporations, nonprofits, and redevelopment authorities to rehabilitate small-scale vacant distressed properties (single-family homes, buildings with up to 4 units, or mixed-use buildings under 10,000 square feet vacant for at least 12 months)

Streamlines approval process for spot blight projects by giving municipalities full approval authority instead of requiring state housing board approval, and makes tax exemptions optional rather than mandatory for project sponsors

Exempts spot blight project sponsors from environmental liability as "owners or operators" under Chapter 21E if they meet specified conditions including proper notification, site access, and hazard containment

Establishes a 12-member commission to study strategies for improving housing stock in weak markets, focusing on building code relief, accessibility for residents with disabilities, and climate resilience, with a report due by December 31, 2026