An Act amending Chapter 305 of the Acts of 2016 relative to the year-round market rate rental housing trust fund in the town of Provincetown

This bill amends the Year-Round Market Rate Rental Housing Trust Fund in Provincetown to explicitly include year-round ownership opportunities alongside rental housing. By changing the fund's name to the Year-Round Market Rate Housing Trust Fund, the legislation broadens its scope to support both renting and buying homes for residents. The changes also update the board structure to include two alternates and clarify that the fund can address both rental and ownership needs. These adjustments allow the town to use the trust fund for a wider range of housing solutions without altering its core funding or operational rules.