
Chapter 40T - Guidance - Mass.gov
Aug 15, 2024 · Chapter 40T was enacted in November 2009. It is designed to preserve the stock of affordable housing in Massachusetts that is at risk of loss due to expiring affordability restrictions, and to protect tenants in these developments from displacement.
Chapter 40T - Massachusetts Legislature
4 days ago · Chapter 40T: PUBLICLY–ASSISTED AFFORDABLE HOUSING. Section 1 Definitions; Section 2 Notice requirements for termination of affordability restriction; Section 3 Purchase option for publicly-assisted housing by department
Chapter 40T is a termination event that would reduce or end required affordability at a project. Examples of terminations include Section 8 contract expirations, the maturity of an affordable governmental mortgage program, and the end of a LIHTC use restriction.
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On November 24, 2009, the Commonwealth enacted Senate Bill 2190, “An Act Preserving Publicly-Assisted Affordable Housing,” creating Chapter 40T of the Massachusetts General Laws (“Chapter 40T” or the “Act”).
Lorraine 40t - Wikipedia
The Lorraine 40t was a prototype French medium tank of the Cold War. This tank in AMX M4 project. After the end of the Second World War, the French Army was in pressing need of a modern tank with heavy armament. In March 1945, French industry was invited to design a tank, which resulted in the AMX-50.
Chapter 40T. Publicly-Assisted Affordable Housing (Refs & Annos) § 1. Definitions As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:-- “Affected municipality”, a city or town in …
General Law - Part I, Title VII, Chapter 40T, Section 1
4 days ago · As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:-- "Affected municipality'', a city or town in which publicly-assisted housing is located. "Affiliate'', an entity owned or controlled by an owner or under common control with the owner.
Jul 17, 2019 · BENEFITS OF 40T Preservation is the Default Option. In First 9 Years of 40T • 14 Projects (1,640 units) Preserved with RoO or ROFR • Almost 100 Projects (over 9,000 total units) were exempt sales that preserved affordability 11
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