Valuation guidelines [for] multi-family and small residential properties featuring an affordable-housing component (Massachusetts general laws chapter 59)
Published: 2002
Language: eng
Subjects: Assessing; Multi-family / Small Residential Properties; Assessed Valuations; Procedures; Small Residential / Multi-Family Properties; Multi-Family / Small Residential Properties; Assessments; Property; Assessment; Real property
Description: ..."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."...