SECTION 1. Section 1 of chapter 104 of the Orleans Affordable Housing Trust Fund Bylaw is hereby amended by inserting, in line 2, after the words, "low- and moderate-income households", the following: "for the creation and preservation of attainable housing, as defined below in §104-15".
SECTION 2. And further in section 3 of said chapter by inserting, in line 2, after the words, "Section 55C", the following: "and the purposes set forth above in §104-1".
SECTION 3. And further in said chapter by adding the following new section:
§104-15. Definition of Attainable Housing.
For the purpose of this Bylaw, the term “attainable housing” shall mean housing that is not restricted to occupancy by low- or moderate-income households, and may also include housing subject to maximum income limits to be occupied by households with gross income greater than 80 per cent but not more than 200 per cent of the area median household income as most recently determined by the United States Department of Housing and Urban Development, adjusted for household size.
SECTION 4. This act shall take effect upon its passage, provided, however, that the General Court may make clerical or editorial changes of form only to the bill, unless the Select Board approve amendments to the bill before enactment by the General Court; and provided further that the Select Board is hereby authorized to approve amendments which shall be within the scope of the general public objectives of this petition, and to further authorize the Select Board to approve the final language of any such special legislation or to take any other action relative thereto.
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