Budget Amendment ID: FY2026-S3-6

ECO 6

Chapter 40B Updates

Mr. Moore moved that the proposed new text be amended by inserting after section __ the following sections:-

"SECTION __. Section 20 of chapter 40B is hereby amended, in the definition of “Low or moderate income housing” by adding the following sentence:- For the purposes of this definition, low or moderate income for a household shall not exceed 60% of the average median income.

SECTION __. Said section of said chapter is hereby further amended, in the definition of “Consistent with local needs” by adding the following sentence:- For the purposes of this definition, the determination of whether of low or moderate income housing exists shall be the sum of low or moderate income housing where a active building permit has been issued together with low or moderate income housing where building occupancy permits have been issued."