Housing cost burdens decrease the purchasing power of nearly 56,000 owner households in Rhode Island
Under the ACA, Accountable Care Organization (ACO) structures aid in the transformation from a volume-based system to a value-based system Key Studies have quantified the economic impact and multiplier effect of
investing in affordable homes. Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy.
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Housing cost burdens decrease the purchasing power of nearly 56,000 owner households in Rhode Island

If these cost burdened owners were in homes that were affordable to them, close to $500 million in purchasing power could benefit other parts of the economy.

Under the ACA, Accountable Care Organization (ACO) structures aid in the transformation from a volume-based system to a value-based system

Rhode Island spends 81 cents of every elder and adult-disabled long-term care dollar on nursing home care, 33% higher than the national average.

Key Studies have quantified the economic impact and multiplier effect of investing in affordable homes.

A 12% to 13% increase in the number of households is anticipated, driven by a growing population and simultaneous decline in household size attributable to both lower birth rates and an aging population. The growing number of households will generate demand for production of an additional 34,600 to 40,200 new housing units.

Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy.

Voters approved Question 7 on the RI ballot and agreed to invest in a $50 million housing bond, allowing the state to create affordable housing opportunity programs, and improve properties in need of revitalization. Bonds are crucial, but we need a dedicated funding stream to ensure all communities have good, quality housing that is affordable.

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Providence Journal: $11.2M housing project in Pawtucket a cause to celebrate

By Christine Dunn

Journal Staff Writer

PAWTUCKET, R.I. — By the end of July, it will be an active construction site. But on Saturday afternoon, the corner of East and Branch streets was the scene of a neighborhood block party organized by Pawtucket Central Falls Development.

Balloons, face painting and games for children were all part of the fun, along with music and food. About 100 people attended the event.

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Enterprise Community Partners: Community Developments

June 22, 2017

Last week, Senators Roy Blunt (R-Mo.), Jack Reed (D-R.I.), Tim Scott (R-S.C.) and Bob Menendez (D-N.J.) introduced the Family Self Sufficiency Act, which would streamline and improve HUD’s Family Self-Sufficiency (FSS) program. This HUD program enables families living in public housing or using Housing Choice Vouchers to access workforce training and other resources to pursue higher-paying employment opportunities. (Senator Roy Blunt, June 13)

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U.S. Census Bureau: The Nation’s Older Population Is Still Growing, Census Bureau Reports

The Nation’s Population Is Becoming More Diverse The Nation's Median Age Continues to Rise

JUNE 22, 2017 — The nation’s population has a distinctly older age profile than it did 16 years ago, according to new U.S. Census Bureau population estimates released today.

New detailed estimates show the nation’s median age — the age where half of the population is younger and the other half older — rose from 35.3 years on April 1, 2000, to 37.9 years on July 1, 2016.

“The baby-boom generation is largely responsible for this trend,” said Peter Borsella, a demographer in the Population Division. “Baby boomers began turning 65 in 2011 and will continue to do so for many years to come.”

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