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Massachusetts Statutes, Title VII

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Massachusetts/Statutes

← All Massachusetts coverage

Chapter 40H

10 sections in this chapter.

All chapters in Title VII1,400 Ch 41287 Ch 40184 Ch 43144 Ch 44110 Ch 48102 Ch 4655 Ch 4941 Ch 40B36 Ch 40J31 Ch 4530 Ch 40N27 Ch 3926 Ch 40D23 Ch 40A22

10 sections·Filtered byTitle VII✕Ch 40H✕

Mass. Gen. Laws ch. 40H, § 1 Public purpose
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Section 1. The general court finds and declares that: (a) the commonwealth has already designated certain chronically depressed areas, and may hereafter designate other such areas, as target areas; (b) the development of these target areas will promote employment and the fuller u…
Mass. Gen. Laws ch. 40H, § 2 Definitions
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Section 2. The following terms as used in this chapter shall have the following meanings, except when the context clearly indicates otherwise:— ''Affordable housing'', a dwelling unit: (i) rented to a household whose annual income, adjusted for family size, is equal to or less th…
Mass. Gen. Laws ch. 40H, § 2A Certification and recertification of organizations as community development corporations; annual report
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Section 2A. (a) The secretary of housing and livable communities shall establish and maintain a list of organizations that have been certified as CDCs consistent with this chapter and develop a process for certifying those organizations; provided, however, that the organizations …
Mass. Gen. Laws ch. 40H, § 3 Creation; public instrumentality; board of directors; officers and employees
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Section 3. (a) There is hereby created a body politic and corporate, to be known as the Community Economic Development Assistance Corporation or CEDAC. CEDAC is hereby constituted a public instrumentality and the exercise by CEDAC of the power conferred by this chapter shall be d…

Mass. Gen. Laws ch. 40H, § 4 Powers

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Section 4. CEDAC shall have the following powers: (a) to make, amend and repeal bylaws, rules and regulations for the management of its affairs; (b) to adopt an official seal; (c) to sue and be sued, in its own name; (d) to make contracts and execute all instruments necessary or …

Mass. Gen. Laws ch. 40H, § 5 Technical and financial assistance; eligible organizations; standards; preference to certain projects

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Section 5. CEDAC may, subject to appropriation by the general court or funds made available from any other public or private source and pursuant to rules and regulations adopted by it, provide technical and financial assistance to particular eligible organizations or projects int…

Mass. Gen. Laws ch. 40H, § 6 Report of activities

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Section 6. CEDAC shall annually submit a complete and detailed report of the corporation's activities within ninety days after the end of the fiscal year to the clerk of the house of representatives and to the clerk of the senate.

Mass. Gen. Laws ch. 40H, § 7 Audit of books and records

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Section 7. The books and records of the Community Economic Development Assistance Corporation shall be subject to an audit by the state auditor, in accordance with generally accepted government auditing standards, as often as the state auditor determines is necessary.

Mass. Gen. Laws ch. 40H, § 8 Construction of chapter

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Section 8. The provisions of this chapter being necessary for the welfare of the commonwealth and its inhabitants, shall be liberally construed to effect its purposes.

Mass. Gen. Laws ch. 40H, § 9 Application of other laws to the community economic development assistance corporation

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Section 9. CEDAC shall be subject to section 16G1/2 of chapter 6A.