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Chapter 23B of the General Laws is hereby amended by adding the following section:- Section 37. The executive office shall partner with relevant academic institutions, development agencies, community members, advocacy groups and other stakeholders and experts to create a simulator to model the impacts of existing and potential housing policies and conditions in the commonwealth. The simulator shall incorporate in its model factors including all municipal zoning ordinances and bylaws, state-level and federal-level housing policies, census data, digitized land use data, real-time datasets, land costs, construction costs, rent rates, vacancy rates, housing prices, pro formas for modeling development feasibility, costs of financing, capitalization rates, information on climate change impacts and other factors that the executive office and its partners deem relevant. To the extent possible, the model may include a public-facing, online portal that will allow users to make adjustments to any assumptions built into its algorithm, while also allowing users to adjust policy inputs and model future outcomes, both locally and across the commonwealth. In developing the housing policy simulator, the executive office may incorporate elements of functionality found in the En-ROADS climate simulator or the Terner Housing Policy Dashboard and draw upon recommendations from the Federation of American Scientists and others.
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