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Stillwater Mill developed by NeighborWorks Blackstone River Valley. Funded in part through BHRI.
Granite River Village
Pascoag Elementary renovated into affordable homes

Burrillville at a Glance:

The town of Burrillville was incorporated in 1806. It is located in Providence County. It covers 57.1 square miles, 1.6 of which are water. Burrillville is part of the Blackstone River Valley national Heritage corridor. Burrillville’s governmental structure is composed of a seven member elected Town Council and a Town Manager.

Housing Facts: 2010

Typical monthly housing payment* for a $191,000 house $1,467
Household income required to afford a $191,000 house $58,675
Average monthly rent for a two-bedroom apartment $1,276
Household income required for that rent to be affordable $51,040
Average private-sector wage for jobs in Burrillville $29,432
Foreclosures in Burrillville  
Actual number of foreclosures 20
Total number of mortgaged housing units 3,006
Foreclosures as a percentage of mortgaged stock 0.70%
Housing Units in Burrillville  
Number of year-round housing units 5,694
Housing units that quality as affordable 501
Affordable housing units reserved for the elderly 242
Affordable housing units reserved for families 225
Affordable housing units reserved for persons with special needs 34
Homes funded through Building Homes Rhode Island 36
How much housing is needed?  
Additional housing units necessary to meet the 10% threshold established by the State's Low and Moderate Income Housing Act of 2004 68

*Calculated using a 30-year mortgage at 4.69% interest (2010 average rate) with a 3.5% down payment, property taxes (the state's average rate of $16.44 per $1,000 of the home's valuation), hazard insurance ($75/month), and monthly mortgage insurance (1.15%/month).