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MA H4139

Bill

Official Source

Status

Passed

9/5/2025

Primary Sponsor

Alice Peisch

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Transfers all property and funds from Wellesley's Housing Development Corporation (established under Chapter 311 of the acts of 1998) to the town's Municipal Affordable Housing Trust Fund
  • Repeals Chapter 311 of the acts of 1998, which originally established the Housing Development Corporation
  • Transferred assets will be managed under M.G.L. Chapter 44, Section 55C and applicable Wellesley by-laws
  • Takes effect upon the town clerk posting or publishing a by-law amendment establishing an affordable housing trust under Section 55C
  • Filed on 5/7/2025 with local approval already received from the town of Wellesley

Legislative Description

Authorizing the town of Wellesley to dissolve its Housing Development Corporation

Last Action

Signed by the Governor, Chapter 24 of the Acts of 2025

9/5/2025

Committee Referrals

Steering, Policy and Scheduling7/14/2025
Municipalities and Regional Government5/12/2025

Full Bill Text

No bill text available