Bill > H6215

This bill addresses affordable housing in the town of Tiverton, Rhode Island by requiring developers to include a significant percentage of affordable housing units in new construction when the town's total affordable housing stock is below 10%. Specifically, the bill mandates that when Tiverton has less than 10% affordable housing, any new development must include at least 50% affordable housing units. "Affordable housing" typically refers to residential units priced to be accessible to lower or moderate-income households, often with government-regulated pricing or income restrictions. The goal is to increase the availability of housing options for residents who might otherwise struggle to find suitable, reasonably priced accommodations. The bill would apply to all approved plans, permits, and projects in the town, and the requirement would remain in effect until Tiverton reaches full compliance with its affordable housing requirements under state law. The legislation would take effect immediately upon passage, giving developers and local officials immediate guidance on new housing development in the town.

Housing and Urban Affairs

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