SECTION 1. Notwithstanding any general or special law to the contrary, and provided that one year has passed following the entry of an order of foreclosure of tax title, the City of Chelsea shall have the authority to dispose of property taken for non-payment of property taxes under Chapter 60 of the General Laws by transferring such property at no cost to its Affordable Housing Trust Fund Board, and such Board shall be required to dispose of all such property solely for the purpose of expanding the stock of affordable housing within the City of Chelsea by using the procedures specified in Chapter 30B, Section 16.
SECTION 2. This act shall take effect as of the date of its passage.
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