An Act establishing a year-round market rate rental housing trust in the town of Truro

This bill authorizes the town of Truro to create a year-round market-rate rental housing trust. The trust would allow Truro to manage a dedicated fund for developing or acquiring housing units available for rent at market rates throughout the year. It directly affects Truro residents and future renters by enabling the town to establish this specific housing resource, though it does not change state housing laws or provide subsidies. The bill requires local approval, which has already been received from Truro.