Massachusetts General Laws ch. 121E sec. 1 – Definitions
Section 1. "Alternative forms of rental and ownership housing”, shall include, but not be limited to: single room occupancy units; limited equity cooperative housing; transitional or permanent housing for the homeless; shelters for victims of domestic abuse; mutual housing; housing acquired by nonprofit entities pursuant to Title II of the National Emergency Low Income Housing Preservation Act of 1987 and Title VI of the National Affordable Housing Act of 1990 ; employer assisted housing; lease-to-purchase housing; housing produced pursuant to a court-approved receivership; innovative forms of housing which seek to mitigate the adverse impact on housing affordability in communities with high concentrations of college or university students; joint projects between municipalities or housing development agencies and institutions of higher education designed to produce or preserve affordable units within those areas; and other innovative forms of housing.
Terms Used In Massachusetts General Laws ch. 121E sec. 1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
"Area median income”, income as determined by the United States Department of Housing and Urban Development.
"Authorities”, the Massachusetts Development Finance Agency established in chapter 23G, community development corporations established pursuant to chapter 40F, the Community Economic Development Assistance Corporation established in chapter 40H, operating agencies established pursuant to chapter 121B, the Massachusetts Housing Finance Agency, established in chapter 708 of the acts of 1966 and nonprofit agencies certified by the United States Department of Housing and Urban Development as community housing development organizations.
[ Definition of "Department” effective until May 30, 2023. For text effective May 30, 2023, see below.]
"Department”, the department of housing and community development.
[ Definition of "Department” as amended by 2023, 7, Sec. 278 effective May 30, 2023. See 2023, 7, Sec. 298. For text effective until May 30, 2023, see above.]
"Department”, the executive office of housing and livable communities.
"Fund”, the Housing Innovations Trust Fund established in section 2.