SECTION 1. Chapter 44B is hereby amended by inserting after section 16 the following section:-
Section 16A. For those communities using Community Preservation Fund monies and whose low and moderate housing stock exceeds 10% of its total year-round housing units, all Community Preservation Fund developments shall be required to have 50% of the development be owner-occupied or 50% of the development priced at market rate.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.