SECTION 1: Section 21 of chapter 40B of the Massachusetts General laws, as appearing in the 2014 Official Edition, is hereby amended by adding the following paragraph:-
Applications may not contain a proposed project density that exceeds 4 times that allowed under existing zoning, or 8 units per acre, whichever is greater. This limit may be waived by the local board if the applicant agrees to a 10% cap on profits, or agrees to donate the equivalent amount of money to the host community to be used for the construction of additional low and moderate income housing units in the host community.
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