An Act encouraging public-private partnerships to create affordable housing at public sites

This bill allows cities and towns to partner with private developers or nonprofits to build mixed-use developments on public land, combining affordable housing with municipal facilities like libraries or fire stations. It requires at least 40% of housing units to be affordable for low/moderate-income households (earning ≤80% of Area Median Income per HUD standards) and mandates that cities retain ownership of the municipal facility portion in perpetuity. The bill streamlines construction by exempting projects from standard public procurement rules (while still following specific construction laws). It directly affects municipalities, developers, and low/moderate-income residents seeking affordable housing options.