Plain-English Summary
This legislation amends the state laws regarding low and moderate-income housing to place a specific requirement on the Rhode Island Housing Authority. The bill mandates that the Authority must formally verify and document the amount of affordable housing stock located specifically within the town of Tiverton. This verification process is required to take place twice every year. The bill takes effect immediately upon passage.
There is a town called Tiverton in Rhode Island. The state government wants to know exactly how many homes in that town are affordable for people who don't have a lot of money. This new law tells a group called the Housing Authority that they must count these affordable homes two times every year. They have to write down the number so that everyone knows for sure how many affordable homes are there.