WeVote
Log In

Bill

Bill

S 2077

An Act relative to tax credits for affordable housing

194th Legislature (2025-2026) Introduced by Bruce Tarr

S 2077 modifies Massachusetts tax credits for affordable housing to incentivize private development and preservation of affordable units statewide.

Hearing scheduled for 09/15/2025 from 01:00 PM-05:00 PM in A-2
0
WeVote Research Nonpartisan
Bill Summary · S 2077

Legislative bill overview

S 2077 proposes modifications to Massachusetts' tax credit system for affordable housing development and preservation. The bill aims to incentivize private investment in creating or maintaining affordable housing units through enhanced or restructured tax credits. The specific mechanisms and credit amounts would address gaps in current housing affordability programs.

Why is this important

Massachusetts faces a significant affordable housing shortage, with rising rents and home prices outpacing wage growth across most regions. Tax credits are a key policy tool that leverage private development capital without direct government spending, making them cost-effective for expanding affordable housing supply. Any changes to these credits directly affect housing accessibility for lower and middle-income residents and influence development patterns statewide.

Potential points of contention

  • Revenue impact: Enhanced tax credits reduce state tax revenue; policymakers must weigh housing benefits against funding for other priorities like education and transportation
  • Developer incentives vs. public benefit: Questions about whether credit levels are sufficient to motivate development in less profitable areas or whether they primarily benefit already-profitable projects
  • Program design details: The bill's specific credit structure (amounts, eligibility criteria, duration) will determine effectiveness—overly generous credits waste resources while insufficient credits fail to spur development

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

Sign in to ask a question.