Massachusetts Department of Housing and Community …

Up to $5,000 of the matched savings may be used for a reserve account for future home repairs and maintenance. At which time DHCD implements rent simplification, DHCD may modify the escrow calculation to reflect use of the Tiered Rent Table (no UAs) in place of the TTP. DHCD will continue to apply the $25,000 cap to family escrow. ................
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