AN ACT RELATIVE TO AFFORDABLE HOUSING IN THE TOWN OF PROVINCETOWN.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Notwithstanding the provisions of section 5 of chapter 293 of the acts of 1998,the town of Provincetown may expend funds received under the provisions of said chapter 293 for affordable housing purposes. However, funds for purposes of affordable housing shall not exceed 10 per cent of the total funds received under said chapter 293.
SECTION 2. This act shall be submitted to the voters of said town at the next annual or special town election in the form of the following question which shall be placed upon the official ballot to be used at said election:
"Shall an act passed by the general court in the year 2000 entitled, 'An Act relative to affordable housing in the town of Provincetown', be accepted?"
If a majority of the votes cast in answer to said question is in the affirmative, then section 1 of this act shall thereupon take effect, but not otherwise.
SECTION 3. Section 2 of this act shall take effect upon its passage.