News & Event
Event Date: September 19, 2017 - 1:00 pm to 4:00 pm
Join Rhode Island Housing, HousingWorks RI at Roger Williams University and LeadingAge RI for a
Senior Health + Housing Forum
Featuring Keynote Speaker Linda Couch,
LeadingAge VP of Housing Policy
SAVE THE DATE:
September 19, 2017 1:00 - 4:00 PM
Networking reception to follow
Roger Williams University - Providence Campus
Over the next ten years, Rhode Island's population of seniors is projected to grow significantly. Many will need assistance with housing, services and healthcare to live independently.
Are you a healthcare or services provider working with seniors facing housing-related challenges? Or a housing owner/developer who serves seniors struggling to live independently? Join us to meet potential collaborators and share best practices in meeting the health and housing needs of our seniors.
Wednesday, November 1, 2017
2200 Southwood Drive, Nashua, NH
We invite you to be a part of the second New England Lead Conference taking place on Wednesday, November 1, 2017 in Nashua, NH. Hosted by the New England Lead Coordinating Committee, the conference will include a variety of educational sessions focusing on lead prevention, policy, model programs, outreach, the EPA’s Renovation, Remodeling and Repair Rule (RRP), lead abatement, compliance, and the economics of lead poisoning.
Read more >
October 4, 2017 in Events, Local Interest
The Narragansett Times: Dziobek steps down as Welcome House director
By KENDRA GRAVELLE Sep 29, 2017
SOUTH KINGSTOWN—When Joseph Dziobek accepted the position of executive director of Welcome House of South County nearly three years ago, he had expected the job would make for a simple transition into retirement.
But what was intended as a part-time gig turned into much more than that for Dziobek, who this week left his post.
“It’s been a challenge,” said Dziobek, whose last day on the job was Monday. “And it’s been very satisfying—I feel very close to the people who have been a part of it.”
Dziobek, 66, took the job at Welcome House after retiring from his career as CEO of Fellowship Health Resources. He said he intended only to stay for two or three years.
October 4, 2017 in Local Interest
Final Days to Register: 2017 Housing Fact Book Release
Date: Wednesday, October 11, 2017
Luncheon: 12:00pm - 1:30pm
Location: Rhode Island Convention Center, 1 Sabin Street, Providence RI
October 3, 2017 in Events, Local Interest
Rhode Island College: The Defamation Experience
Monday, October 30, 2017
5:00PM - Doors Open
6:00PM - Performance
SPONSORED BY: THE DIVISION OF COMMUNITY EQUITY AND DIVERSITY AND THE DIVISION OF STUDENT SUCCESS
THE PLAY * THE DELIBERATION * THE DISCUSSION
September 27, 2017 in Events, Local Interest
NLIHC: Sign Letters to Support Equitable Housing Recovery after Devastating Hurricanes
Help ensure that low income people and neighborhoods are treated fairly after Hurricanes Harvey, Irma, and Maria. A broad coalition of national, state, and local organizations is calling on Congress, FEMA, and HUD to ensure that the federal response to Hurricanes Harvey, Irma, and Maria is complete and equitable for everyone, especially families and individuals with the lowest incomes who are often the hardest hit by disasters and have the fewest resources to recover afterwards.
September 27, 2017 in Local Interest, National News
Roger Williams University: Social Justice Month Events
Thursday, Oct 19
Mary Tefft White Center
How Housing Works
4:00pm – 6:00pm
Sponsored by Housing Works RI and RWU Chief Diversity Officer
Keywords: socioeconomic status, race, jobs, housing, equity
Workshop with Brenda Clement, Director of Housing Works Rhode Island and Ame Lambert, RWU Chief Diversity Officer.
An overview of housing issues in Rhode Island and connections to the larger social justice agenda.
September 25, 2017 in Local Interest
Providence Journal: People on the move for the week of Sept. 17
Posted Sep 13, 2017 at 5:34 PM
Updated Sep 13, 2017 at 5:34 PM
Rhode Island LISC
Rhode Island Local Initiatives Support Corportation has welcomed two new employees. Jeremiah O’Grady, of Lincoln, joined LISC as program officer after spending more than 12 years at ONE Neighborhood Builders as real estate project manager and director of asset management and operations.
Liz Klinkenberg, of Warwick, was hired as communications director. She brings more than 15 years of public relations experience to her new position, including work for The Miami Herald and The Providence Journal.
The Providence American: Reed Announces $300k in Community Development Grants for NeighborWorks Affiliates
WASHINGTON, DC – In an effort to promote healthy, vibrant neighborhoods across Rhode Island, U.S. Senator Jack Reed today announced an additional $300,000 in federal funding for three Rhode Island-based affiliates of NeighborWorks America (NeighborWorks). These federal funds will help NeighborWorks Blackstone River Valley, ONE Neighborhood Builders, and West Elmwood Housing Development Corporation to provide affordable housing opportunities, generate job growth, and enhance economic stability for working families. Earlier this year, Senator Reed also helped to secure over $750,000 in federal funding for NeighborWorks affiliates in Rhode Island, bringing total NeighborWorks investment in the state to above $1 million for fiscal year 2017.
September 21, 2017 in Federal News, Local Interest
The Providence American: Providence Unveils PVD Gives Donation Station
PROVIDENCE, RI – Mayor Jorge O. Elorza today joined members of the City Council, public safety officials, and community leaders who have been named to the PVD Gives commission for the unveiling of the City’s first Donation Station at Kennedy Plaza. The retrofitted parking meter is one of ten stations that will be installed across the city to collect funds that will support local organizations that provide housing and services to those in need.
“PVD Gives and the new Donation Stations make it easier to give back,” said Mayor Jorge Elorza. “Our collective generosity can make all the difference in the lives of those striving to get back on their feet. I encourage visitors and residents to chip in and be part of the solution.”
September 21, 2017 in Local Interest
Providence Journal: Report: New England losing 65 acres of forestland per day
By Steve LeBlanc / Associated Press
Posted Sep 19, 2017 at 11:21 AM
Updated Sep 19, 2017 at 11:21 AM
BOSTON — New England has been losing forestland to development at a rate of 65 acres per day — a loss that comes at a time when public funding for preservation of open land, both state and federal, has also been on the decline in all six states.
That’s the conclusion of a report released Tuesday by the Harvard Forest, a research institute of Harvard University.
The study found public funding for land conservation in New England dropped by half between 2008 and 2014 to $62 million per year, slightly lower than 2004 levels.
Housing advocates in Rhode Island representing a wide coalition of housing groups including community development corporations (CDCS); public housing authorities (PHAs); homeless shelter providers and advocates issued the following statement on the tax bills passed by the House of Representatives and Senate Finance last week:
“Rhode Island already has an affordable housing crisis, but the tax bills recently passed by the US House of Representatives and under consideration in the Senate would make it a catastrophe. Without the federal tax credits and bonds that these bills weaken or eliminate, tens of thousands of affordable homes will not be built, and tens of thousands of families will be left homeless across our state and country.” said Brenda Clement, Director of HousingWorks RI. “The programs impacted by these bills are critically important affordable housing development and preservation tools, particularly in Rhode Island. We need Congress to protect these vital programs and to invest in the affordable housing resources that we rely on to meet the urgent housing needs of Rhode Islanders.” noted Melina Lodge, Executive Director of Housing Network of RI. “If a tax bill like this becomes law, it will impede our ability to create new affordable housing for years to come and will exacerbate homelessness in Rhode Island resulting in more families out on the streets irreparably harming our communities. ” said Bert Cooper, Interim Administrator of the Rhode Island Coalition for the Homeless. “This legislation would increase the federal deficit by $1.5 trillion which will put immense pressure on lawmakers to make massive cuts to programs that benefit low-moderate income people including federal housing programs.” noted Michael Lyckland, President of the Public Housing Association of Rhode Island.
The House tax proposal:
· Significantly weakens the Low-Income Housing Tax Credit, a successful public-private partnership that has become the foundation for affordable housing development across New England and the nation. While the credit itself is retained, it would be significantly weakened due to the corporate tax rate being significantly lowered. With less of a need for tax credits, the value of the Low-Income Housing Tax Credit would drop, greatly reducing investments in low income housing by private companies. If not addressed, over the next five years, this will result in the loss of more than $35 million that could have been used to develop or preserve 400 homes for Rhode Island families.
· Eliminates the tax exemption on Private Activity Bonds, including multifamily housing bonds. This tax exemption allows bond-financed multifamily projects to access ‘4% Housing Credits,’ which have helped produce or preserve tens of thousands of affordable homes in New England. Developments financed with 4% credits often serve households with extremely low incomes, and these credits have also been used on mixed-income developments, helping to meet overall demand for market rate housing while providing rents that households with lower incomes can afford. Tax-exempt bonds are also used for reduced interest mortgages for first time homebuyers. Rhode Island currently utilizes 4% housing credits with tax exempt bond financing to preserve about 400 units every year. In addition to preserving our stock of affordable homes, that investment results in $6 million annually in construction activity, supporting 135 construction jobs.
· Eliminates the New Markets Tax Credit, a vital resource for community revitalization efforts in distressed areas. In Rhode Island, recent projects supported by the New Markets Tax Credit include Amos House, the Boys & Girls Club in Pawtucket and the Institute for Nonviolence. Housing. Between 2003 and 2015, $412.4 million in NMTC allocation leveraged an additional $405.7 million from other sources for a total of $818.1 million in project investments to 62 Rhode Island businesses and revitalization efforts, creating 8,720 jobs.
· Eliminates the Historic Rehabilitation Tax Credit, which has had a great impact in Rhode Island attracting developers to invest in once vacant, deteriorated, and underutilized structures, such as old mills, schools, and hospitals, and transforms them into much needed housing and commercial space. Hundreds of historic and iconic buildings in Rhode Island have been returned to use, creating homes resulting in tens of millions in new local tax revenues. Based on Grow Smart RI's analysis of data from the US. Census Bureau and a 2017 Rutgers University report, Rhode Island ranks first in the country on a per capita basis for its volume of recent historic rehab expenditures associated with the federal credit.
· Reforms the Mortgage Interest Deduction, which has been a long-standing effort of housing advocates and would ordinarily be a major step in the right direction. Unfortunately, the tax proposal uses the resulting savings to pay for tax cuts, not to fund new investments in affordable housing.
· Increases the federal deficit by $1.5 trillion, putting immense pressure on lawmakers in future years to make massive cuts to programs benefiting low- and moderate-income people, include federal housing programs.
HousingWorks RI at RWU is a clearinghouse of information about housing in Rhode Island. We conduct research and analyze data to inform public policy and promote dialogue about the relationship between housing and the state’s economic future and our residents’ well-being.
Public Housing Association of Rhode Island (PHARI) is an association of twenty-five public housing authorities throughout the state dedicated to providing safe, affordable and decent housing.
The Housing Network of Rhode Island is the state association of non-profit community development corporations. Our members have developed and build thousands of units of affordable housing throughout the state and initiated numerous revitalization efforts in neighborhoods across Rhode Island.
The Rhode Island Coalition for the Homeless is organized to promote and preserve the dignity and quality of life for men, women, and children by pursuing comprehensive and cooperative solutions to the problems of housing and homelessness.
By EMILY BADGER and JOHN ELIGON JAN. 4, 2018
Undermining another Obama-era initiative, the Trump administration plans to delay enforcement of a federal housing rule that requires communities to address patterns of racial residential segregation.
The Department of Housing and Urban Development, in a notice to be published Friday in the Federal Register, says it will suspend until 2020 the requirement that communities analyze their housing segregation and submit plans to reverse it, as a condition of receiving billions of federal dollars in block grants and housing aid. The notice tells cities already at work on the detailed plans required by the rule that they no longer need to submit them, and the department says it will stop reviewing plans that have already been filed.
The move does not repeal the 2015 rule, a product of years of pressure from civil rights groups and review by the Obama administration. HUD argues that it is trying to respond to cities that have struggled with the rule’s requirements, delaying it for several years while the agency further invests in the tools communities use to assess their housing patterns.
“Early in this administration, HUD embarked upon a top-to-bottom review of the department’s rules and regulations,” the agency said in a statement. “As part of this regulatory review, HUD asked the public to offer comment on those rules that might be excessively burdensome or unclear. What we heard convinced us that the Assessment of Fair Housing tool for local governments wasn’t working well.”
But advocates say the notice effectively strangles the federal government’s first major commitment in decades to address racial inequality in housing, burying it in calls for more analysis and preparation. Diane Yentel, president of the National Low Income Housing Coalition, called the move misguided and shortsighted.
“It’s terrible news,” said Gustavo Velasquez, who was the assistant secretary for fair housing and equal opportunity at HUD during the final three years of the Obama administration. “I am concerned, though, that this is not actually the worst news.”
During the delay, he fears that the Trump administration will entirely undo the rule, which has been a goal of many Republicans in Congress ever since it was adopted. Critics of the rule — including Ben Carson, before he became HUD secretary — argue that it amounts to an aggressive intrusion by the federal government into some of the most intimate decisions local citizens and communities make: about where to live, who lives next door and how to design their neighborhoods. Since joining the agency, Mr. Carson has said that he wants to “reinterpret” the rule.
HUD’s notice argues that a delay is necessary because local communities need more technical assistance from the agency and have struggled to figure out how to measure their progress toward affirming fair housing. The agency notes that among the first 49 assessments submitted, about a third were initially returned by HUD as unacceptable. But the system was designed to include that kind of back and forth, former HUD officials said.
Sara Pratt, a former deputy assistant secretary for fair housing at the agency, said HUD had provided consultants and a hotline that jurisdictions could call for help. Many of the communities that fell short on their assessments had simply failed to follow HUD’s road map, said Ms. Pratt, who left the department in November 2015 and now works as a civil rights lawyer in private practice.
“It’s like having a teacher in a classroom saying, ‘Too many people aren’t passing the test, so I’m just going to change the test,’ ” she said.
What worries her most, she said, is that HUD will allow cities to revert to prior standards for assessing fair housing. Under the old system, many cities submitted assessments that were of poor quality and lacked basic data, she said.
Ben Metcalf, director of the California Department of Housing and Community Development, said the 2015 rule had spurred local and statement governments to understand their housing patterns and make smarter policy decisions around them.
Some cities, like Philadelphia, have already finished their assessments.
Paul Chrystie, a spokesman for Philadelphia’s Division of Housing and Community Development, said the process was critical in getting comments from the community and from a range of sectors — like education, transportation and banking. One important thing they learned was that residents did not want to move from their distressed neighborhoods, but wanted to see them improved, he said. That led to programs to expand pre-K and to improve libraries, parks and recreation centers, he said.
New York City is scheduled to begin the community outreach for its review this year. “We’re confident in the approach New York City is taking,” Leila Bozorg, the deputy commissioner of neighborhood strategies for the city’s Department of Housing Preservation and Development, said in a statement. “This will include working closely with a diverse group of experts, practitioners and advocates and hearing directly from New Yorkers about their housing needs and how where they live impacts their life.”
The Obama rule was devised to address unfinished business of the 1968 Fair Housing Act, which forbids discrimination in the housing market based on race, color, religion, sex and national origin. The original language of the law also required communities to “affirmatively further” fair housing — to, in effect, promote desegregation in addition to prohibiting discrimination.
The federal government never fully enforced that element of the law, however. And 50 years after the Fair Housing Act was passed, many communities have made little progress toward desegregation, while some programs funded with federal support have had the effect of reinforcing segregation.
The 2015 rule — the “affirmatively furthering fair housing rule” — required communities to analyze policies that contribute to segregation. These might include locating low-income housing projects only in black neighborhoods, or barring multifamily housing from neighborhoods with good schools. The rule broadly required analysis of housing opportunities available not just to minorities, but also to the disabled, the poor and other disadvantaged groups.
The new HUD notice reiterates that local communities still have a legal obligation to further fair housing, and to pledge that they’re doing so. But a reversion to the policies in place before the 2015 rule makes critics fear that the government will go back to a time when it turned a blind eye to segregation, giving taxpayer dollars to communities actively thwarting a central goal of the Fair Housing Act.
“It says ‘segregate as usual,’ ” said Myron Orfield, a law professor at the University of Minnesota.
The 2015 rule was imperfect, he said, but it also amounted to the federal government’s first major effort to strengthen civil rights around housing since the Lyndon Johnson era.
“Residential segregation is at the heart of racial inequality in the country,” Mr. Orfield said. “All of the disparities in the U.S. — in education, in income, wealth, employment, health — between the races are all fundamentally linked to residential segregation. There’s no real way to deal with disparities between black and white people without dealing with this.”
Courtesy of The New York Times
By: Cassius Shuman, Friday, 10/20/17
With the current travails of Edward Roberge, the Town Council appointed Town Manager, whose negotiations are on hold until he finds housing on Block Island, the Town of New Shoreham is facing what Town Councilor Chris Willi says is a “critical issue” that should be addressed by providing a “housing stipend.” (Roberge told The Block Island Times on Wednesday that he feels he’s getting closer to finding housing.)
“Securing any credentialed employee, or employees in general, for any position in the private or public sector requires housing,” said Willi. “It’s obviously much harder here, so it is critical to retain someone. Case in point; look at the (Block Island) Medical Center and Dr. (Mark) Clark — no different.”
The Town Council appointed Roberge by unanimous vote as its new Town Manager on Sept. 25. The problem is Roberge has been unable to conclude negotiations with the town and move into office at Town Hall because he has not secured housing; a dilemma that the town and many of its hires have been burdened with in the past.
Roberge, who will be relocating from Bow, New Hampshire, travelled to the island on Oct. 12 to look for housing. Willi said Councilor André Boudreau has been assisting Roberge with his search. “André has been shepherding this part along and I believe it’s very close to being resolved.”
“Obviously Mr. Roberge cannot commit to a contract without housing — call it part of a salary or assistance,” said Willi. “Any Town Manager would consider housing costs before agreeing to a salary.” Willi said “availability” and “cost” are the main issues impacting Roberge’s housing search.
Willi said the town shouldn’t necessarily be in this position, and the wounds may be self-inflicted. “The reality is the entire Town Council voted (during an April 6, 2016 meeting) to have the Large Capital Asset Strategy group look at an approach for employee housing, and did not endorse Mr. Warfel’s suggestion,” which included offering a housing stipend. Chris Warfel served as Councilor on the previous Town Council.
The minutes from that meeting reflect Willi’s assertions, and note that First Warden Ken Lacoste believed at the time that “the existing compensation and benefit line are adequate to cover salary and housing.”
Second Warden Norris Pike, who also served on the previous Town Council and voted no on a housing stipend, said he feels that providing a stipend would open Pandora’s Box. “I was opposed to the housing stipend,” he said. “If we were to propose a housing stipend for every town employee we would have to take it to the Financial Town Meeting. Providing a housing stipend doesn’t make a lot of sense. The money could be negotiated into the Town Manager’s contract instead of providing a stipend.”
When asked her response to Willi’s comments, Councilor Martha Ball said, “Thank you for providing me the opportunity, but I will not dignify a totally inappropriate Facebook post with a response. We are in negotiations, it is beyond irresponsible to play that out in the press. Bringing those negotiations to a positive conclusion is my priority right now.”
Willi said that it’s water under the bridge. “We need to consider our town budget and compare mainland costs to island costs, taking into consideration availability as a factor and determine the (housing) stipend. I couldn’t possibly suggest a number until I see the numbers.”
“The compensation and benefit line would obviously give consideration to housing costs. We needed to go the extra step, in my opinion, and actually have the housing options available before we advertise or hire someone,” said Willi. “This could have been done through the bid process in advance. Mr. Warfel’s suggestion was a good one.”
Willi noted that the town has “programs in place that need enforcement. Then we can assess moving forward” on this housing issue. “Seasonal housing is as big an issue as year round housing. We have done an excellent job with affordable home projects like the one I live in, but more is clearly needed.”
Pike said the town needs to come up with a way to provide “year-round apartments, first for teachers, then police officers, and town employees, if needed.” The housing the town provides “should be secure and affordable. I think we have the land and the ability to do something like that. The rent would offset the cost.”
Update from Roberge
Roberge told The Times that he and his wife had a “short, but productive visit” on Block Island on Thursday, Oct. 12. “While options are limited, we do feel we are getting closer to some possibilities that could work,” said Roberge, who noted that he took the 9 a.m. ferry to the island and departed at 3 p.m. “We’re still working out the length of term of the rental with the property owners.”
“We looked at three properties, as well as quick ride-bys on several possibilities,” said Roberge. “First Warden Lacoste and Councilor Boudreau joined us in visiting the properties. Councilor Ball met us at the ferry to say hello and welcome my wife to the island. That was very nice.”
Pike said there appears to be “some possibilities” for housing for the new Town Manager. “I think Ken and André have located a couple of houses, so it’s not a crisis.”
As for the boat ride during what were adverse conditions last Thursday, Roberge said, “The boat ride was a little bumpy, but we made it out and back just fine. It ended up being a beautiful day. We love to be out on the water.”
Courtesy of The Block Island Times
The low inventory of affordably prices homes continues to shrink, and Freddie Mac announced its plan focuses on supporting underserved markets by financing more rural and manufactured homes. With this effort, the company hopes to preserve affordable housing for homebuyers and renters across the U.S.
Fannie Mae explained the plan complements its ongoing efforts to bring innovative affordable housing solutions to market in a safe and sound manner. It listed three categories of underserved markets its new plan targets.
“This is an important milestone in Fannie Mae’s ongoing efforts to improve access to mortgage financing and create affordable housing opportunities for people of modest means across the country,” said Jeffery Hayward, Fannie Mae executive vice president and head of multifamily. “Our Plan will use analysis, testing, innovative partnerships, and loan purchases to serve markets that need help the most.”
“We are excited to expand on our mission to make affordable housing options available to Americans in all markets and enhance our efforts to identify solutions to the tough challenges that underserved markets face,” Hayward said.
Back in May, the Federal Housing Finance Agency requested public input on the GSE’s new proposed Underserved Markets Plans under the Duty to Serve program.
The plans, also released in May, from Fannie and Freddie, must find a way to reach three specified underserved markets including manufactured housing, affordable housing preservation and rural housing in a safe manner for residential properties that serve very low-, low-, and moderate-income families.
Now, the GSEs presented their final plans. In order to reach single-family underserved markets, Freddie Mac announced its plans:
“We’re developing responsible solutions to help make home possible for more American families,” said Danny Gardner, Freddie Mac vice president of single-family affordable lending and access to credit. “Addressing the affordability crisis today will benefit our country for decades to come.”
The GSEs will also start several initiatives in the multifamily market in order to help low-income renters cope with the rising costs of rental units.
Some of Freddie Mac's multifamily plans include:
“For more than 45 years, our innovations have brought liquidity, stability and affordability to the mortgage markets, and Duty to Serve is an important continuation of those efforts,” said David Leopold, Freddie Mac Multifamily vice president of targeted affordable sales and investments. “Freddie Mac is uniquely suited to tackle some of America’s most persistent housing problems, and we look forward to deepening this work.”
To learn more about Duty to Serve, and to read each of the GSEs' full plans, click here.
Courtesy of HousingWire
Posted Oct 11, 2017 at 12:01 AM
PROVIDENCE, R.I. — For families with household incomes below $50,000, the improving housing market in 2016 meant rising prices, and fewer homes and apartments they can afford to rent or buy, according to a new report from HousingWorks RI at Roger Williams University.
The report found that in 2016, only two communities, Central Falls and Providence (not counting the East Side) offered “homes for sale that fit a household budget of under $50,000.”
For renters, there was no municipality in the state where the average cost of a two-bedroom rental apartment was affordable on a household income of $30,934, the median income for Rhode Island renters.
Even for renters earning less than $50,000, there were just six communities where the average rent price was “affordable:” Central Falls, Cranston, East Providence, Pawtucket, Providence (without the East Side) and Woonsocket.
Housing is deemed “affordable” if housing costs consume no more than 30 percent of a household’s gross income.
“Simply put, Rhode Island needs more housing,” said Barbara Fields, executive director of Rhode Island Housing. “The real estate market is booming right now, and that means housing prices are rising — which puts pressure on families who are already struggling to get by. The good news is that we have already begun taking steps to increase production, and the $50 million housing bond that passed last year is a start.”
As the “affordability gap” grew, there was also a jump in the number of foreclosures last year. There were 1,561 foreclosure deeds issued in the Ocean State in 2016, an increase of 32 percent compared with 2015, according to the 2017 Housing Fact Book.
In addition, “Rhode Island’s rate of seriously delinquent loans is still among the highest in the United States, ranking ninth in the fourth quarter of 2016,” the report added.
The Fact Book, an annual report from HousingWorks RI, tracks affordability and other housing issues across the state. It was scheduled for release Wednesday at HousingWorks’ annual luncheon, which this year includes a morning panel discussion “offering an in-depth look at the numbers.” HousingWorks RI is a nonprofit research group that became part of Roger Williams University in 2014.
The Fact Book also tracked an increase in 2016 in building permits, which rose by 23 percent to 1,226 permits. But this level is still far below projected needs.
“As noted in the Projecting Future Housing Needs Report (2016), commissioned by Rhode Island Housing, over the next 10 years there is an anticipated need for more than 34,000 new homes,” the Fact Book added, and “demand is for more than 27,000 of those to be multifamily and able to serve households with incomes less than 80 percent of area median income ($40,400 to $68,000 for households of one to four across the state).”
But many communities still have far to go in reaching the state-mandated goal of having 10 percent of their housing stock be long-term, deed-restricted affordable housing, the report added. Just five communities have met the goal: Central Falls, Newport, New Shoreham, Providence and Woonsocket.
Communities with less than 3 percent include: Barrington (2.66), Charlestown (2.86), Exeter (2.36), Foster (2.05), Glocester (2.23), Little Compton (0.56 percent), Portsmouth (2.83), Richmond (1.89), Scituate (0.85), and West Greenwich (1.41). However, statewide, the average is up to 8.29 percent.
Rhode Island continues to have an exceptionally low homeownership rate, particularly for communities of color.
“At 60 percent, Rhode Island has the lowest rate of homeownership among the six New England states, and ranks 46th nationally,” the report added. “Across race and ethnicity, homeownership rates in Rhode Island show great disparity. White residents have a homeownership rate of 65 percent, while Latino, Black and Asian household rates are 28 percent, 31 percent and 50 percent, respectively.”
On Twitter: @ChristineMDunn
R.I. housing costs, 2016
Median house price: $239,900
Income needed to afford this: $68,065
Average two-bedroom rent: $1,288
Income needed to afford this: $51,520
SOURCE: 2017 HOUSING FACT BOOK
Courtesy of Providence Journal
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