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Cardinal Lane Condominiums developed by Women's Development Corporation. Funded in part through BHRI.

Hopkinton at a Glance:

Hopkinton is a town in Washington County, Rhode Island. It is located on the Pawcatuck River on the Connecticut border. Hopkinton was incorporated in 1757, and consists of four villages: Ashaway, Bradford, Hope Valley and Rockville. According to the United States Census Bureau, the town has a total area of 44.1 square miles, of which 1.1 square miles is water. Hopkinton's governmental structure is made up of a five-member Town Council and a Town Manager.

Housing Facts: 2013

Typical monthly housing payment* for a $213,800 house $1,669
Household income required to afford a $213,800 house $66,758
Average monthly rent for a two-bedroom apartment $1,186
Household income required for that rent to be affordable $47,440
Average private-sector wage for jobs in Hopkinton $37,388
Foreclosures in Hopkinton  
Actual number of foreclosures 7
Total number of mortgaged housing units 2,288
Foreclosures as a percentage of mortgaged stock 0.31%
Housing Units in Hopkinton  
Number of year-round housing units 3,370
Housing units that quality as affordable 238
Affordable housing units reserved for the elderly 190
Affordable housing units reserved for families 21
Affordable housing units reserved for persons with special needs 27
Homes funded through Building Homes Rhode Island 20
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 99