https://www.realestatetransferfee.org/legislation daily 0.75 2025-09-09 https://www.realestatetransferfee.org/evidence daily 0.75 2025-07-02 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1f69bc77-58cf-47d6-9118-53ab7152211b/CPA+Report.jpg EVIDENCE & STUDIES - “Communities seeking a transfer fee on high-end real estate sales are already collecting the CPA, most of them collecting the maximum surcharge, and spend more than 58 percent of their CPA funds on housing. This paper finds that across these communities, a transfer fee on high-end real estate sales can generate more than triple the new revenue of increased CPA surcharges.” https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/65cca75d-ceed-4ce8-8674-9c149e82c051/AHTF+Report.jpg EVIDENCE & STUDIES - “With Municipal Affordable Housing Trusts, cities and towns have a tool that has proven effective in creating, acquiring, and preserving affordable housing. However, the level of need is much greater than the resources available, and the important work of MAHTs can be scaled up with additional revenue sources such as a local real estate transfer fee.” https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577658785828-035F078K1A19TS3KNANT/BostonPFM-study.jpg EVIDENCE & STUDIES - “A real estate transfer tax has the potential to generate substantial tax revenue, given the billions of dollars of annual real estate sales in Boston.” “Transfer taxes may have only muted impacts on real estate markets…” https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577659188720-APYSYHA4MYBSPA9NRWRE/somervilleRKGstudy.jpg EVIDENCE & STUDIES - “With a transfer fee of 1%, this could yield between $6.6 million to $9.1 million in annual fee revenue to support affordable housing in Somerville.” https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1620861864911-XDUGMPNIKT7HPBBKJGU4/moneyonthetable.png EVIDENCE & STUDIES - “Depending on how the local tax was structured –and the number of transfers covered –these eight communities could have raised as much as $18.2 million total over the last 5 years. ” https://www.realestatetransferfee.org/municipalities daily 0.75 2025-09-09 https://www.realestatetransferfee.org/coalition daily 0.75 2025-07-02 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577665071160-YWMPXSN77QSG7DSIFBAX/CLVU-Logo_With_Tagline-01.png GRASSROOTS COALITION https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577662531564-CKMZVFI8AHRNX6PUX41N/CPA-image.png GRASSROOTS COALITION https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1578081529275-SHINFJTD7WE069V4J7DF/MACDC-logo-RGB-01.jpg GRASSROOTS COALITION https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577665240768-0YFIXXU24HJJ0PKXC95H/MA-senior-action_LOGO.jpg GRASSROOTS COALITION https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577665405214-57B8AX8C9UEI1NRDUAYP/MAPC+logo.png GRASSROOTS COALITION https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1577665173334-NL67JJZZM3RCBKDRXQK4/MAHA+Logo+_Better+Colors.jpg GRASSROOTS COALITION https://www.realestatetransferfee.org/affordablehomesact daily 0.75 2024-05-16 https://www.realestatetransferfee.org/in-the-news daily 0.75 2024-06-13 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/a0154da0-b627-4b5c-a44c-5cb4012faf0e/Boston+Business+Journal.jpg IN THE NEWS - The need for transfer fees to fund housing hasn't diminished The recent pushback in some communities against the MBTA Communities Act has only underscored the need for cities and towns to have more than one way to solve Massachusetts' housing problem. Editorial, The Boston Business Journal, May 23, 2024 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1624050800210-QY59EMWE7FK9M17RTDVV/capecod.jpeg IN THE NEWS - Nantucket's priciest property sales could support affordable housing “Nantucket has experienced profound unaffordability, and the workers who make the island run and keep the island vibrant during the winter cannot afford to live there,” Fernandes said. “There’s huge need in funding affordable housing on-island, and without it, Nantucket just won’t be a sustainable community.” Cape Cod Times, March 21, 2021 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/4dddf7c8-39c8-4989-be4a-795816f83e50/LOHA+Image.png IN THE NEWS - A tax on high-dollar home sales had a clear path on Beacon Hill. Then the real estate industry stepped in. After House leaders signaled support for a new fee on pricey real estate, the influential industry kicked into gear to change their minds. “What happened was what we knew was going to happen,” said Mark Martinez, who leads a coalition supporting the fee. “The real estate industry has come out in full force against the transfer fee and they are spreading misinformation. Simply put, they have a lot more money than we do. It’s challenging to battle that.” The Boston Globe, June 7, 2024 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/02941cbd-99f6-47ef-b288-c1b7154446cb/Nantucket+Article.jpg IN THE NEWS - Let cities, towns decide on transfer fees for high-end home sales A transfer fee on high-end real estate sales to fund affordable housing makes sense. It requires no taxpayer money, and no community is forced to take part — cities and towns can decide for themselves whether to opt in. Editorial, The Boston Business Journal, August 31, 2023 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/8eebbe4e-723b-4a86-996d-36c6b57cd004/LOHA+Option+2.png IN THE NEWS - Overshadowed by rent control debate, proposals for transfer taxes pick up steam in housing discussions “We’ve reached a point in this crisis where we need another resource,” said Matt Walsh, policy analyst for Metropolitan Area Planning Council and co-coordinator of the Local Option for Housing Affordability Coalition. “We’re tying the heat of the market to the resources that we have to deal with it.” The Boston Globe, May 7, 2023 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1625272334026-EWHXIF9DT10WWAITS3RC/0729_provincetown01-1000x667.jpeg IN THE NEWS - Cape Cod businesses expected to suffer due to housing shortage “Cyr said Beacon Hill can play a role in solutions. Nantucket, for example, has on several occasions approved a home-rule petition to impose a fee on real estate transfers and use the revenue for affordable housing, but it never cleared the Legislature. He stressed, though, that he believes the housing crisis "will be solved or will not be solved based on action taken at the municipal level.” WBUR, June 17, 2021 https://www.realestatetransferfee.org/loha-home daily 1.0 2025-09-09 https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/66a74482-8800-4e80-8344-3c742df0fe73/6.png https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1738609740809-V8PMMOBT5G2XKOFOXR71/unsplash-image-ctUWE7BUEzE.jpg https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1737747298736-ONCEK2Y6O65NPN88N6NN/unsplash-image-FmCSSSGge-0.jpg HOME https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1738340806283-GRCQ40QQ0ZWLTDTM00IG/unsplash-image-xhpMNieqBwA.jpg HOME https://images.squarespace-cdn.com/content/v1/5e078fe69e9c070f245c82d4/1738340989192-PPX98OMG5WNJAKMSLWQZ/unsplash-image-Hg-j3UEYNkg.jpg HOME