he council, at its July 19 meeting, gave the second of two mandated approvals to an ordinance authorizing a Tax Incremental Financing agreement, a “TIF,” between the city and the developers “East Point” project in Rumford, amending the initial pact to include a new partner, the local non-profit Aldersbridge Communities. “Aldersbridge at East Point” is
PROVIDENCE, RI – Governor Dan McKee today announced that his Administration is allocating over $11 million in resources from the Consolidated Homeless Fund (CHF) to 27 nonprofit agencies to assist Rhode Islanders who are experiencing homelessness or are at risk of homelessness. CHF brings together various funding sources, including local, state, and federal dollars, in
PAWTUCKET — A nonprofit agency plans to turn a vacant medical building formerly owned by the state into apartments, half of them at below-market rents. Pawtucket Central Falls Development was chosen by the city to redevelop two properties into affordable housing. The city bought the medical building at 160 Beechwood Ave. from the state for $400,000 following an auction by the city in November that
STATE HOUSE – The House of Representatives' package of 10 bills to address the state’s housing crisis has been signed into law. The legislation was backed by House Speaker K. Joseph Shekarchi and Rep. June S. Speakman, chairwoman of the Special Legislative Commission to Study the Rhode Island Low and Moderate Income Housing Act...
RHODE ISLAND, June 28 - On June 27, Governor Dan McKee signed the FY 2023 State budget, making crucial investments to maintain Rhode Island's economic momentum. The budget makes historic investments to address the housing crisis and strengthen Rhode Island's economy while providing targeted tax relief to families, veterans and local businesses...
STATE HOUSE – The General Assembly today approved a package of 10 bills to address the state’s housing crisis. The legislation was backed by House Speaker K. Joseph Shekarchi and Rep. June S. Speakman, chairwoman of the Special Legislative Commission to Study the Rhode Island Low and Moderate Income Housing Act...
Miguel Martínez Youngs is nearly 30. Normally, at this stage of life, he and his friends would be talking about buying houses, he told the Senate Committee on Housing and Municipal Governance. But instead, he said, their conversations tend to center around questions like, "Has your rent gone up? How much?"...
Housing advocates, community leaders, and state legislators, including Rhode Island Speaker of the House Joseph Shekarchi, gathered in the State House library on Thursday to call for increased investments that will support building, preserving, and removing barriers to accessing safe, healthy and affordable homes for Rhode Islanders. The event was organized by Homes RI, “a cross-sector coalition of
Backers of one new General Assembly proposal to ease Rhode Island's housing crunch say it would not count McMansions as affordable housing, as critics fear. The legislation, which passed the House on Thursday evening, counts some mobile homes toward each community's 10% affordable-housing quota...
PROVIDENCE, R.I. (WPRI) — Rhode Island leaders are hailing the newly announced “Superman” building deal as a win for affordable housing, with one in five of the project’s planned apartments restricted by income. But whether those units are truly “affordable” could be in the eye of the beholder...