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Long-term affordable home developed by Church Community Housing. Funded in part through BHRI.

Little Compton at a Glance:

The town of Little Compton was established in 1682 and incorporated in 1746. It is located in Newport County, Rhode Island. It covers 28.9 square miles, of which 8.0 square miles is water. Little Compton is located in southeastern Rhode Island, between the Sakonnet River and the Massachusetts state border. The historic village of Adamsville is located in Little Compton. The town is governed by a five member Town Council. The members are elected at a general election to a two-year term. The President of the Council is chosen from among the five members and serves as the chief executive of the Town.

Housing Facts: 2013

Typical monthly housing payment* for a $554,500 house $3,564
Household income required to afford a $554,500 house $142,551
Average monthly rent for a two-bedroom apartment $1,372
Household income required for that rent to be affordable $54,880
Average private-sector wage for jobs in Little Compton $35,308
Foreclosures in Little Compton  
Actual number of foreclosures 0
Total number of mortgaged housing units 754
Foreclosures as a percentage of mortgaged stock 0.00%
Housing Units in Little Compton  
Number of year-round housing units 1,615
Housing units that quality as affordable 9
Affordable housing units reserved for the elderly 0
Affordable housing units reserved for families 9
Affordable housing units reserved for persons with special needs 0
Homes funded through Building Homes Rhode Island 7
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 153