Section 106 Housing Construction Sales Tax Study

The executive office of housing and livable communities, in consultation with the department of revenue, shall study the feasibility and efficacy of a housing construction sales tax exemption program or other form of state support for multifamily housing projects that are stalled or at risk of being stalled due to increased cost of materials associated with federal tariffs or other economic volatility for which there are no state or federal subsidies available. The executive office shall submit a report on its findings which shall include recommendations regarding potential cost and how such a program would achieve statewide housing affordability goals. The report shall consider construction cost variation across regions of the commonwealth, including in geographically isolated communities. The report shall be filed with the clerks of the senate and the house of representatives, the joint committee on housing, the joint committee on revenue and the house and senate committees on ways and means not later than January 1, 2026.