The bill amends Chapter 45-53 of the General Laws, specifically adding a new section titled "Tiverton affordable housing units." This new provision mandates that in the town of Tiverton, if the percentage of affordable housing falls below ten percent (10%), any developer must ensure that at least fifty percent (50%) of the units in any approved plan, permit, or project are designated as affordable housing. This requirement remains in effect until the town achieves full compliance with the affordable housing standards outlined in chapter 53 of title 45.

The act is designed to address the shortage of affordable housing in Tiverton by increasing the proportion of affordable units in new developments. It will take effect immediately upon passage, thereby allowing for prompt implementation of these housing requirements to support low and moderate-income residents in the community.