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Shortage of affordable housing has worsened, RI supply is insufficient

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

Housing Network celebrates Rhode Island’s Community Development Corporations

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

RI nonprofits are ready to build more homes

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

Pawtucket Central Falls Development to repurpose two buildings. Here’s the plan

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

Volunteers provide free home repairs to area residents

WOONSOCKET – On July 18, 225 volunteers from the interdenominational Christian nonprofit, Group Cares, came to Woonsocket to repair the homes of 22 homeowners throughout the city as part of the Woonsocket Free Home Repair Program, coordinated by NeighborWorks Blackstone River Valley. Monday through Friday volunteers painted, repaired decks, and weatherized the houses, all free

Aldersbridge Communities joins East Point development

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

NBWBRV celebrates completion of seven new homes in Pascoag

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

E.P. reaches affordable housing goal with opening of rehabilitated Sutton Place

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,

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