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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: 2011

Typical monthly housing payment* for a $181,250 house $1,426
Household income required to afford a $181,250 house $57,031
Average monthly rent for a two-bedroom apartment $1,162
Household income required for that rent to be affordable $46,480
Average private-sector wage for jobs in Burrillville $36,972
Foreclosures in Burrillville  
Actual number of foreclosures 16
Total number of mortgaged housing units 3,213
Foreclosures as a percentage of mortgaged stock 0.50%
Housing Units in Burrillville  
Number of year-round housing units 6,189
Housing units that quality as affordable 538
Affordable housing units reserved for the elderly 242
Affordable housing units reserved for families 262
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 81

*Calculated using a 30-year mortgage at 4.45% interest (2011 average rate) with a 3.5% down payment, property taxes (the state's median rate of $17.95 per the $1000 of the home's valuation), hazard insurance ($100/month), monthly mortgage insurance (1.25%/month).