75% of Latino Households in RI Rent Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy. Key Studies have quantified the economic impact and multiplier effect of
investing in affordable homes. Rhode Islanders who spend more than half their incomes on housing cannot fully participate in their local economies. Overall residential foreclosure deeds continue to decline in Rhode Island.
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75% of Latino Households in RI Rent

More than half of those renter households are cost burdened, decreasing Latino purchasing power by an estimated $82 million annually.

Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island

If these cost burdened renters were in homes that were affordable to them, close to $400 million in purchasing power could benefit other parts of the economy.

Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy.

Close to 60% of the total estimated cost of residential construction permitted from 2007 through 2010 was for developments supported by the Building Homes Rhode Island program.

Key Studies have quantified the economic impact and multiplier effect of investing in affordable homes.

In Rhode Island, the $50 million invested in the Building Homes Rhode Island program generated close $800 million in total economic activity throughout the state- $15.80 per $1 of funding deployed.

Rhode Islanders who spend more than half their incomes on housing cannot fully participate in their local economies.

A state investment in affordable homes helps to keep rents affordable for low- and moderate-income Rhode Islanders. National research finds that low-income families with have high rental costs, spend 52% less on clothing and 24% less on food than families with affordable housing. [Learn more in: The Complete Approach to Funding Affordable Housing]

Overall residential foreclosure deeds continue to decline in Rhode Island.

From Q1 through Q3 2013, 1,144 residential foreclosure deeds were filed in Rhode Island representing a 10 percent decrease from the same time period in 2012.

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HousingWorks and the Latino Policy Institute host HUD Secretary Julián Castro

HousingWorks RI (HWRI) and fellow Roger Williams University policy group Latino Policy Institute (LPI) recently hosted U.S. Secretary of Housing and Urban Development (HUD) Julián Castro at the University's Providence Campus.

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2014 Housing Fact Book

PROVIDENCE, R.I., October 3, 2014 – The 2014 Housing Fact Book released today by HousingWorks RI at Roger Williams University (HWRI) shows a persistent housing cost burden for Rhode Island homeowners and renters alike, but particularly for the state’s lower and middle income groups. 2014 marks the 10th annual Housing Fact Book and the analysis looks back at trends in housing affordability in Rhode Island since 2000.

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HousingWorks RI Joins Roger Williams University

On the heels of a synergetic collaboration that began in 2012, Roger Williams University (RWU) has fully integrated HousingWorks RI (HWRI) into its Division of University Outreach and Engagement, as of July 1. HousingWorks RI at Roger Williams University will continue to be housed at the University’s Providence campus at 150 Washington Street. The completed integration creates further synergy between the strategic objectives of RWU and the research, policy and communications work of HWRI. On top of the expanded partnership, Nicole Lagace has been named Director and will lead HousingWorks RI at Roger Williams University in furthering its position as the authoritative source of information about housing in Rhode Island.

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