MA S1947

Increases the annual cap on the Gateway Cities housing development tax credit from $10,000,000 to $30,000,000

Adds "neighborhood stabilization" as an eligible purpose for local capital projects under chapter 70B

Creates a new "spot blight project" framework allowing community development corporations, nonprofits, and redevelopment authorities to rehabilitate small vacant properties (single-family homes, buildings with up to 4 units, or commercial properties under 10,000 square feet) that have been vacant for 12+ months

Provides liability protections for spot blight project sponsors under state environmental cleanup laws (chapter 21E) when acquiring and rehabilitating contaminated properties, provided they meet notification and safety requirements

Establishes a 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, 2021