DHCD Publishes the Final MRVP Administrative Plan - July 27, 2017

On August 1st, the Department of Housing and Community Development (DHCD) implemented its final MRVP Administrative Plan. The final Admin Plan incorporates the FY2018 budget language for MRVP, which increases the initial income eligibility for the program from 50% of the Area Median Income (AMI) to 80% AMI. The plan also incorporates the updated regulations for MRVP (760 C.M.R. 49.00), which were promulgated on July 14th.