RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING
Impact
If enacted, S2914 would modify existing regulations under Chapter 45-53 of the General Laws related to low and moderate income housing. The bill is particularly significant for Smithfield, as it specifically outlines the conditions under which the town can halt new housing applications. This may lead to reduced housing availability in the short term but aims to allow for comprehensive assessment and potential amendments to existing permitting requirements.
Summary
Bill S2914 introduces significant provisions concerning low and moderate income housing in the town of Smithfield. It grants the town the authority to enact an emergency moratorium on further applications when there are 250 or more housing units proposed in comprehensive permit projects. This legislation aims to provide local governments with the ability to manage housing developments effectively without immediately processing new applications during periods of high demand or significant project volume.
Contention
The introduction of this bill could spark debate regarding local control versus housing development needs. Proponents may argue that such measures are necessary to prevent overdevelopment or to ensure that existing infrastructure can support new housing units. On the other hand, opponents might raise concerns about potential delays in housing availability, especially for low-income families who could benefit from additional units, and that such moratoriums might exacerbate existing housing shortages rather than alleviate them.
Exempts certain cities and towns whose communities exceed the low and moderate income housing threshold from the tax of the previous year's gross scheduled rental income.
Exempts certain cities and towns whose communities exceed the low and moderate income housing threshold from the tax of the previous year's gross scheduled rental income.
Specifies that low and moderate income housing exists when a city or town has adopted an inclusionary zoning ordinance requiring that all housing developments include at least fifty percent (50%) low or moderate income housing units.
Specifies that low and moderate income housing exists when a city or town has adopted an inclusionary zoning ordinance requiring that all housing developments include at least fifty percent (50%) low or moderate income housing units.
Prohibits applications filed in the town of Tiverton, for comprehensive permit projects, for low and moderate income housing, to include accessory dwelling units.
Prohibits applications filed in the town of Tiverton, for comprehensive permit projects, for low and moderate income housing, to include accessory dwelling units.