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Bill seeks clearer rules for 79-E housing opportunity zones to expand affordable units and simplify administration
Summary
HB 465 would clarify income verification, turnover and ADU eligibility in the 79‑E housing opportunity zone program; sponsor said the changes are intended to make the program usable for small and large municipalities and to increase affordable stock.
Representative Alice Wade presented HB 465 as a surgical improvement to the existing 79‑E housing opportunity zone program, which allows towns to freeze assessed value growth in exchange for developers creating or preserving affordable units. Wade said the statute’s current language left municipalities uncertain how to implement the affordability component — for example, whether verification must occur annually, whether units revert immediately if a tenant later…
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