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Governor Maura Healey's $4 billion housing bond bill, the state's biggest-ever investment in its residential stock, includes a provision allowing cities to impose a transfer fee of 0.5% to 2% on property sales exceeding $1 million.
May 6 -
Proponents of affordable housing are hearted by provisions related to the Low-Income Housing Tax Credit, saying they could result in financing over 20,000 homes.
January 18 -
The New York governor called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.
January 10 -
Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.
May 15 -
A group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.
November 28 -
The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.
August 18 -
As they struggle with an affordable housing crunch, policymakers are looking at targeting the empty homes of the wealthy.
August 16 -
A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit.
June 28 -
The Internal Revenue Service is extending timelines for performing some of the actions associated with the low-income housing tax credit and bonds for qualified residential rental projects to give businesses more time during the COVID-19 pandemic.
July 2 -
The Securities and Exchange Commission teamed up with the North American Securities Administrators Association to explain the application of federal and state securities laws to opportunity zone investments.
July 16