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Council hearing examines 'good landlord' tax abatement option; administration warns of uncapped fiscal cost
Summary
Councilors discussed a state-authorized "good landlord" local option at the Jan. 27 hearing. The exemption would let landlords receive property-tax relief if they rent units below specified income/rent limits; the city must still define eligibility, caps and fiscal exposure before adopting the program.
Councilors at the Jan. 27 joint hearing reviewed a state-authorized 'good landlord' tax abatement that would let municipalities exempt some property taxes for owners who rent units year-round at affordable levels to income-qualified tenants.
The program originates in state law: municipalities must adopt local rules to define the maximum abatement per unit, tenant income limits, required rent levels (commonly expressed as a fraction of AMI and not to exceed 30% of tenant income), and qualifying owner conditions. Boston officials told the council the state's Division of Local Services (DLS) issued guidelines that purposely leave…
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