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Bill would create state center and $100 million reserve to promote housing cooperatives
Summary
Representative Carmen Gentile and Cooperative Development Institute witnesses asked the committee to create a Massachusetts Center for Housing Cooperatives and a $100 million fund to help tenant co‑ops and manufactured-home resident ownership, arguing co-ops reduce landlords' incentives to under-maintain low-income housing.
Representative Carmen Gentile and cooperative advocates told the Joint Committee on Housing that state investment and centralized technical assistance could expand cooperative ownership as an affordable‑housing tool.
What the bill does: H1509 / S983 proposes establishing the Massachusetts Center for Housing Cooperatives under the Executive Office of Housing and Livable Communities and…
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