Affordable housing

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.

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.

The New York governor called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

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.

The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.

As they struggle with an affordable housing crunch, policymakers are looking at targeting the empty homes of the wealthy.

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.

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.

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.