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Bill

HD 2467

An Act establishing a Massachusetts foreclosure prevention program

194th Legislature (2025-2026) Introduced by Jenny Armini and 7 co-sponsors

Massachusetts bill establishing a foreclosure prevention program offering counseling and financial assistance to homeowners facing property loss.

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WeVote Research Nonpartisan
Bill Summary · HD 2467

Legislative bill overview

HD 2467 establishes a foreclosure prevention program in Massachusetts designed to help homeowners at risk of losing their properties through foreclosure. The bill creates mechanisms for intervention, counseling, and financial assistance to keep vulnerable homeowners in their homes and stabilize communities affected by housing instability.

Why is this important

Foreclosures destabilize families, reduce property values in neighborhoods, and strain local services and court systems. A prevention program addresses these cascading harms by intervening before properties are lost, which is generally more cost-effective than managing foreclosure aftermath and can preserve homeownership equity for struggling residents.

Potential points of contention

  • Cost and funding: The bill's fiscal impact and whether state or federal funding sources are allocated clearly, and whether costs fall on taxpayers, lenders, or through redirected resources
  • Program scope and eligibility: Questions about who qualifies (income thresholds, loan types, primary residences only), which homeowners benefit, and whether the criteria are too narrow or too broad
  • Lender participation and incentives: Whether lenders are required to participate or offered incentives, and how mandatory vs. voluntary participation affects program effectiveness and equity
  • Implementation and enforcement: Details on who administers the program, counseling quality standards, and what enforcement mechanisms exist if lenders don't cooperate

Compiled from official sources — confirm details with the bill’s official record.

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