Plain-English Summary
This legislation grants the town of Tiverton the authority to enact an emergency moratorium on new applications for low and moderate-income housing projects. Specifically, if the town already has 500 or more units proposed in comprehensive permit projects, it can refuse to accept or process any further applications. The bill states that any application submitted during this freeze will not be granted grandfathered status. Tiverton is permitted to maintain this moratorium until the state amends the existing laws regarding comprehensive permit requirements.
The town of Tiverton has rules about building homes that cost less money to live in. Sometimes, builders want to build a lot of these homes at once. This new law says that if builders are already planning to build 500 of these homes, the town can say "Stop!" and refuse to look at any new building plans for a while. The town can keep saying no to new plans until the state government changes the main rules for how these building permits work. This gives the town a break from having too many projects starting at the same time.