Authorizes the town council of West Greenwich to provide an exemption and/or stabilization of tax agreement on qualified property used for residential purposes inclusive of low- and moderate-income housing in the town of West Greenwich.

TAXATION -- PROPERTY SUBJECT TO TAXATION - Authorizes the town council of West Greenwich to provide an exemption and/or stabilization of tax agreement on qualified property used for residential purposes inclusive of low- and moderate-income housing in the town of West Greenwich.