Requires any person who applies to rent or purchase a residence located in Town of Tiverton which qualifies as low and moderate income housing, shall require proof of Rhode Island residency or employment by a local, state or federal entity.
Amends the definition of "low- and moderate-income housing" to include housing secured by a federal government voucher or subsidy, but only if the voucher or subsidy is applied prospectively.
Provides that only residential properties and new or rehabilitated residential affordable housing units would be subject to the tax under § 44-5-13.1 relating to taxation of low-income housing.
Provides that only residential properties and new or rehabilitated residential affordable housing units would be subject to the tax under § 44-5-13.1 relating to taxation of low-income housing.