SECTION 1. The second paragraph of section 3 of chapter 70B of the General Laws is hereby amended by adding the following sentence:- Grants and financial assistance provided by the school building assistance program shall be guided by principles of equity and shall take into account the need to address historic patterns of injustice and inequity.
SECTION 2. Section 10 of chapter 70B of the General Laws is hereby amended by adding the following subsection:-
(d) Notwithstanding the first sentence of this section, in the case of an approved school project where the Base Percentage (A) + Community Income Factor (B1) + Community Property Wealth Factor (B2) + Community Poverty Factor (B3) under this section equals 63 per cent or more, incentive percentage (C) points shall be awarded to the project under the regulations of the authority and the reimbursement percentage for the project may exceed 80 per cent.
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