The bill amends Section 45-53-4 of the General Laws in Chapter 45-53, titled "Low and Moderate Income Housing," to provide specific provisions for comprehensive permit projects in the town of Tiverton. It states that for properties located within Tiverton that are not connected to public water or sewer and are classified as hydric, predominately hydric, or have a seasonal high-water table, such land shall be excluded from the buildable land density calculation.

The bill establishes a streamlined process for approving low- or moderate-income housing construction, allowing applicants to submit a single comprehensive permit application instead of multiple applications to local boards, provided that at least 25% of the housing units are designated as low- or moderate-income. It introduces municipal government subsidies and zoning incentives, including density bonuses based on the percentage of low- or moderate-income housing, and outlines specific requirements for parking, bedroom limits, and floor area restrictions.

Additionally, the bill details the application and review process for comprehensive permits, including pre-application conferences and plan reviews. It also imposes a moratorium on comprehensive permit applications by private for-profit developers until January 31, 2005, with conditions for new submissions. The legislation aims to facilitate affordable housing development while ensuring local needs and regulations are met, and it will take effect upon passage.

Statutes affected:
6177: 45-53-4