Code of Massachusetts Regulations
760 CMR - HOUSING AND LIVABLE COMMUNITIES, EXECUTIVE OFFICE OF
Title 760 CMR 58.00 - Urban Center Housing Tax Increment Financing (UCH-TIF) Program
Section 58.08 - Affordable Housing Restrictions
Universal Citation: 760 MA Code of Regs 760.58
Current through Register 1531, September 27, 2024
Affordable Housing Restrictions shall meet the standards and requirements of M.G.L. c. 40, § 60(e) and shall contain the following:
(1) Rental Units.
(a)
Household Income.
Each Affordable Housing Restriction shall provide that household income shall be
computed in the manner provided by the federal Section 8 Program or as otherwise
specified by the Department in guidelines. For purposes of meeting the Owner's
annual certification obligation under M.G.L. c. 40, § 60(f), each Affordable
Housing Restriction shall require that each lease for an Affordable Housing rental
unit shall impose the obligation on tenant households to provide to the Owner (or
municipal monitoring agent) all information reasonably necessary for a reliable
determination of household income. If the municipal monitoring agent does not
receive the information directly, the Owner shall provide the income certification
to a municipal officer or office as specified in the Affordable Housing Restriction.
The certifications and information submitted by the tenant households shall be
treated as personal information under M.G.L. c. 66A and shall be appropriately
safeguarded by the Owner (or monitoring agent) and the municipality.
(b)
Noncompliance. Each
Affordable Housing Restriction shall provide that each lease for an Affordable
Housing unit shall provide that failure of a tenant household to provide requisite
information in a timely manner to the Owner (or monitoring agent) shall be good
cause for eviction of the tenant household, and that the Owner shall seek to evict a
tenant household for such noncompliance.
(c)
Increase of Household
Income. Each Affordable Housing Restriction shall provide that if a
tenant household's income shall increase so as to exceed the allowable income
limits, the Owner shall lease the next available unit to an income eligible
household.
(d)
Other
Requirements. Other requirements related to affordable housing
restrictions may be specified in guidelines issued by the Department.
(2) Ownership Units.
(a) A municipality may
establish eligibility requirements for homebuyers provided the requirements do not
conflict with any provisions of M.G.L. c. 40, § 60 and
760 CMR 58.00.
(b) The deeds to all UCH-TIF ownership units will
contain Affordable Housing Restrictions consistent with M.G.L. c. 40, § 60,
760 CMR 58.00, any Guidelines
issued by the Department, and any other requirements imposed by the
municipality.
(c)
Household
income. Each Affordable Housing Restriction shall provide that
household income shall be computed in the manner provided by the federal Section 8
Program or as otherwise specified by the Department in guidelines.
(d) Each Affordable Housing Restriction shall also
provide that the sale price of the affordable homeownership units will be restricted
in a way that keeps the units affordable, and each time an affordable unit is sold,
it must be sold to an eligible buyer meeting the requirements of the UCH-TIF program
and any additional requirements imposed by the municipality.
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