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Authorizes a five-year pilot giving tenant purchase opportunities in up to 15 Mass. ZIP codes, chosen by EOHLC from high-rental, displacement-risk areas; localities may join.
Authorizes a five-year pilot giving tenant purchase opportunities in up to 15 Mass. ZIP codes, chosen by EOHLC from high-rental, displacement-risk areas; localities may join.
House Bill 1577 proposes a state-supported pilot program designed to create a Tenant Opportunity to Purchase (TOP) in up to 15 Massachusetts ZIP codes. The measure would authorize cities and towns to apply to participate, with the Executive Office of Housing and Livable Communities (EOHLC) reviewing applications and selecting ZIP codes that meet anti-displacement criteria. The program aims to address displacement and revitalizes tenant ownership opportunities through a structured five-year pilot.
Compiled from official sources — confirm details with the bill’s official record.
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