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affordable housinq initiatives. Thus, 1.oc:al<br />
initiatives t.o expand cirid create affordable<br />
housjng, with these excess profits, have heen<br />
t.hwart.ed by the apparent manipill ati.on by<br />
devel opers in d poorly-monitored nversiqlit<br />
svstem. "<br />
I,et.ter of InspocCor General to Executive Director of<br />
<strong>Mass</strong>Housiny daCed September 13, 2006, RA Vol.1, 233.<br />
rurthcr-, for the reasons discussed in sectj.ons 1 I I .A-C<br />
above, the board was wi.Lhin j.t.5 statutory authuriLy in<br />
irnposjng t.his coridilion and t.he HAC had no power t.o<br />
strike it. and the Trial <strong>Court</strong> erred iri upholding t.he<br />
HAC<br />
F. - The HAC erred in sLrikinq<br />
Assiqnahility.<br />
. Kondition 43E:<br />
'The Board' ~i Decision provides Che <strong>Mass</strong>Housing' s<br />
stated commi.tment to provide fundiny under the Housing<br />
starts p ro y ram Is "nun-transferable and<br />
nonassignable ." RA Vol.. 1, 24. Inexplicably, the HAC<br />
dcscribed t.hj.s as "an obscure formi.11 at.i.on"; struck Lhe<br />
conditi.on; and rewroic it in accordance with the<br />
developer's wishes. Such action was bcyond the<br />
statutory authority of the IlAC. 'The Hoard's refusal<br />
to accept some lender-to-be-named-lat-er is well-<br />
founded and well within the Board's authority to<br />
cnndit.ion projccLs under G,J,. c. 40B. For these and<br />
the oLher reasons disciissed in sections 1V.A-b: abovc,<br />
47