SECTION 1. Section 55C of chapter 44 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by adding the following subsection:-
(k) The use of trust funds, grants, donations or appropriations are exempt from chapter 30B for the purpose of providing for the creation and preservation of affordable housing in municipalities for the benefit of low and moderate income households.
SECTION 2. Section 5 of chapter 44B of the General Laws, as so appearing, is hereby amended, in line 113, by inserting after the word “fund” the following words:- ; provided, that the use of such appropriation by the affordable housing trust fund in combination with any other funds to provide for the creation and preservation of affordable housing in municipalities for the benefit of low and moderate income households shall not be subject to chapter 30B.
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