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Needham assessors flag state clarifications before pursuing local affordable-housing exemption
Summary
An assessor told the Town of Needham Board of Assessors on March 13 that a proposed local affordable-housing tax exemption raises statutory and administrative issues and that the board should wait for Division of Local Services guidance before forwarding a warrant article.
At the March 13 meeting, a member of the Town of Needham Board of Assessors raised concerns about moving forward with a locally adopted affordable-housing tax exemption without clarifications from state officials.
The assessor who presented the item said in his research he found no community had yet adopted the exemption and that only one other community was considering it. He said the statute appears to apply to multifamily properties only…
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