§ 1 Definitions
§ 2 Designation of gateway municipality as an HD Zone; contents of application
§ 3 Approval of application for tax exemption for housing development project under Sec. 59 of chapter 59
§ 4 Criteria for eligibility to be a certified housing project; approval of certified housing development project designation
§ 5 Award of tax credits to sponsor of a certified project
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Terms Used In Massachusetts General Laws > Chapter 40V - Housing Development Incentive Program

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.