SECTION 1. Section 1 of Chapter 40V of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by inserting after the word "units" the following words:- ", and not less than 20 per cent affordable: (i) rental units for persons whose income is not more than 50 per cent of the area median income; or (ii) owner-occupied units for persons whose income is not more than 80 per cent of the area median income."
SECTION 2. Section 4 of Chapter 40V of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by inserting after the words "market rate units", the following words:- "and not less than 20 per cent affordable: (A) rental units for persons whose income is not more than 50 per cent of the area median income; or (B) owner-occupied units for persons whose income is not more than 80 per cent of the area median income."
SECTION 3. Section 5 of said Chapter 40V, as appearing in the 2018 Official Edition, is hereby amended by inserting after the word "rate", in both times it appears, the following words:- "and affordable."
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