PROVIDENCE — The Housing Network of Rhode Island and Homes RI, a multi-sector housing advocacy coalition, are pleased to see the General Assembly’s continued emphasis on housing reflected in key legislative initiatives and the FY24 budget. On July 5, the Governor signed into law a package of 13 bills championed by House Speaker Joseph Shekarchi
PROVIDENCE – The Housing Network of Rhode Island is pleased to kick-off Rhode Island Community Development Corporation Week (March 13-17) with the release of the Network’s 2021-2022 Membership Impact Report. The Housing Network of Rhode Island (HNRI) is the state’s membership organization of Community Development Corporations (CDCs) and nonprofit housing developers, who are committed to
PROVIDENCE – The Gap: A Shortage of Affordable Homes, a new report released today by the National Low Income Housing Coalition (NLIHC), finds a national shortage of 7.3 million affordable and available rental homes for extremely low-income renter households. Between 2019 and 2021, the shortage of affordable housing for extremely low-income renters worsened by more
PROVIDENCE – Rhode Island’s Community Development Corporations (CDCs) and nonprofit developers are answering the call to create and preserve hundreds more safe, healthy and affordable homes across the state. Inadequate stock of rentals and homes for sale is driving high sales prices and increased rents felt by most Rhode Islanders. Rhode Island lawmakers have responded
Providence – The Housing Network of Rhode Island is honored to have been named one of two Rhode Island awardees of the 2022 Bank of America Neighborhood Builders® grant for its work in the community to advance policy and program reform aimed at increasing access to affordable homes and improving housing and economic stability for
BURRILLVILLE – Interest rates and inflation are rising; however, several homeowners in bucolic Burrillville received a substantial financial break and are living in better-than-average homes, built in part by their own labor, and thanks in part to taxpayers. On Thursday, Oct. 27, NeighborWorks Blackstone River Valley brought the homeowners, funders, politicians, and others to Pascoag
PROVIDENCE, October 19, 2022 – Local Initiatives Support Corporation (LISC) Rhode Island today announced more than $620,000 in grant awards to Community Development Corporations to support the organizations in their mission to create and preserve affordable housing in Rhode Island. The awards are part of LISC’s Neighborhood Development Fund, an annual grant program that provides
EAST PROVIDENCE – The city became the seventh municipality in Rhode Island to reach the state’s 10% community goal for affordable housing with the opening of a 36-unit complex on Monday. ONE Neighborhood Builders hosted a ribbon-cutting ceremony for the newly rehabilitated Sutton Place apartment complex of affordable housing. “When communities invest in affordable housing,
PROVIDENCE, R.I. (WLNE) — As rental rates rise across the state, Rhode Islanders now face harsh realities of a continued housing crisis, that shows no signs of ending soon. The rising rental rates have driven families from their homes, like the Ringland’s of Barrington. Their monthly rent went from $950 to $1,800 over the past
PROVIDENCE, RI– In order to afford a modest, two-bedroom apartment at fair market rent in Rhode Island, full-time workers need to earn $24.32 per hour. This is Rhode Island’s 2022 Housing Wage, revealed in a national report published today. The report, Out of Reach, was jointly released by the National Low Income Housing Coalition (NLIHC)