Allows Tiverton to set density bonuses based on its zoning.

This bill amends the General Laws to allow the town of Tiverton to determine its density bonuses based on its underlying zoning. It modifies Section 45-24-46.1 of the zoning ordinances to include this provision. The bill specifies that density bonuses can be granted for the provision of affordable housing, with certain conditions and limitations. It also details the process for fee-in-lieu payments and the use of funds for affordable housing development. The changes take effect upon passage of the bill.

Allows Tiverton to set density bonuses based on its zoning.

This bill amends the General Laws to allow the town of Tiverton to determine its density bonuses based on its underlying zoning. It modifies Section 45-24-46.1 of the zoning ordinances to include this provision. The bill specifies that density bonuses can be granted for the provision of affordable housing, with certain conditions and limitations. It also details the process for fee-in-lieu payments and the use of funds for affordable housing development. The changes take effect upon passage of the bill.