Establishes the rural housing development revolving fund for the purpose of providing loans to support low- and moderate-income housing development projects in rural areas.
Removes the cap on post-retirement employment for teaching administrator or staff member who has retired under the provisions of title 16, 36 or 35 of the general laws.
Requires effective January 1, 2027, that upon the execution of a lease agreement for a mobile and manufactured homes in a mobile and manufactured home park, a complete copy of the lease be provided to the tenant within 10 days of execution.
Limits the authority of the Rhode Island commerce corporation to finance any transaction to five million dollars ($5,000,000) for any one individual, business entity or project.
Allows the town of Coventry to receive a one-half (1/2) credit for affordable housing units for manufactured homes in age restricted communities in conformance with all zoning laws and/or ordinances of the town.
Requires the Rhode Island housing authority to verify and document the count of affordable housing stock in the town of Coventry two (2) times per year.
Prohibits applications for a comprehensive permit under the Rhode Island comprehensive planning and land use regulation act in any watershed overlay protection district located in the town of Coventry.
Permits Coventry to require two parking space for each studio, one-bedroom, or two-bedroom low- or moderate-income housing units upon the determination that limited or no local public transportation or off-street parking availability near these units.
Sets timelines for Coventry's new construction, including one year for final approval, two (2) years for building permits, and temporary inclusion of units in the town's count until completion or three (3) years, whichever comes first.