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Valuation guidelines [for] multi-family and small residential properties featuring an affordable-housing component (Massachusetts general laws chapter 59)

by: Boston (Mass.). Assessing Dept

Publication date: 2002

Topics: Assessed Valuations, Assessing, Assessment, Property, Real property

Collection: bplgovdocs; bostonpubliclibrary; americana; additional_collections

Contributor: Boston Public Library

Language: English

..."The purpose of this document is to explain the procedures the City of Boston Assessing Department uses with respect to the valuation of multi-family properties (including mixed-use properties) and small reidential properties featuring permanent deed restrictions of limited-equity provisions to maintain affordability. These guidelines also describe what project documents the Assessment Department requires to conduct an adequate review of any development and thereby establish a proper, fair-market assessment. Developers, lenders, equity providers, City agencies and other parties interested in residential development in Boston should find the information herin useful for planning and lending purposes."..