The bill amends sections 45-53-3 and 45-53-4 of the General Laws concerning "Low and Moderate Income Housing," introducing key definitions and clarifying the application process for housing projects. It defines "substantial multi-family housing project" as any proposal for low- or moderate-income housing exceeding sixty units in municipalities with populations of 40,000 or less. The bill requires that any applicant proposing to build a substantial multi-family housing project submit separate applications to the applicable local boards, which must hear testimony and make findings that the project is consistent with local needs.

The bill outlines municipal responsibilities regarding the impact of such projects on local needs, including public school systems, public transportation, and public infrastructure. It mandates that municipalities require documentation from applicants that the project is consistent with local needs. Additionally, the bill specifies that all applications for substantial multi-family housing projects must return for final plan review and approval by the local review board.

The bill establishes specific procedures for the review and approval of comprehensive permits, including timeframes for local review boards to schedule pre-application conferences and make decisions. If a local review board fails to act within the prescribed period, the application is deemed approved. Decisions on substantial multi-family housing projects must be made by a majority vote of the entire board.

Overall, the bill aims to streamline the development process for low- and moderate-income housing while ensuring that local governance retains authority over permit decisions. The act is set to take effect upon passage.