AN ACT RELATING TO TOWNS AND CITIES -- ZONING ORDINANCES

SB 2588 allows the town of Tiverton to set its own density bonuses for housing developments under inclusionary zoning rules, rather than following the standard statewide requirement. The bill amends zoning laws to require 15% affordable housing in developments of 10+ units, with a standard density bonus of one market-rate unit per affordable unit. However, Tiverton is specifically exempted from this standard and may determine its density bonus based on its existing zoning regulations. This directly affects Tiverton developers and residents by giving the town flexibility in how it incentivizes affordable housing. The bill does not change statewide inclusionary zoning rules but provides a local option for Tiverton.