Housing Alert: Supreme Judicial Court Decision Protects the New England Fund, as Well as Other Affordable Housing Subsidy Programs

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In a landmark decision that will promote the further production of affordable housing in Massachusetts for years to come, last Friday (July 20, 2007) the Massachusetts Supreme Judicial Court (SJC) rejected a frontal attack on the primary funding program for Chapter 40B projects, the New England Fund (NEF) of the Federal Home Loan Bank of Boston.

The details of the case involved, Middleborough vs. Housing Appeals Committee, can be found within this Mintz Levin Housing Alert.

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