Latino homeowner households in RI face challenges Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island Key Studies have quantified the economic impact and multiplier effect of
investing in affordable homes.
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Latino homeowner households in RI face challenges

The majority of Latino homeowners have had their mortgage for less than 10 years and more than half (56 percent) of these Latinos are housing cost burdened.

Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island

If these cost burdened renters were in homes that were affordable to them, close to $400 million in purchasing power could benefit other parts of the economy.

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

In Rhode Island, the $50 million invested in the Building Homes Rhode Island program generated close $800 million in total economic activity throughout the state- $15.80 per $1 of funding deployed.

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NEW HIRE: Darryl Kosciak, Rhode Island Coalition for the Homeless Executive Director

The Rhode Island Coalition for the Homeless Board of Directors is thrilled to announce its selection of Darryl Kosiak to serve as the agency's new Executive Director.

The Coalition is grateful for the tireless work of its Search Committee, comprised of staff, board members, constituents, as well as external stakeholders. The Committee's exhaustive process resulted in the unanimous selection of our highly qualified new director.

Darryl was raised in Hopedale, MA but has called Greensboro, North Carolina home since 1995. Darryl earned his Bachelor's and Master's Degrees from UNC Greensboro (Teaching and Sport Psychology respectively) and served as the Assistant Men's Basketball Coach for UNC Greensboro Men's Basketball Team, making two trips to the NCAA tournament.

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NLIHC: President-elect Trump to Nominate Ben Carson as HUD Secretary

President-elect Trump announced on December 5 that he will nominate Dr. Ben Carson as the new secretary of the Department of Housing and Urban Development. “Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities,” Mr. Trump said in a statement released Monday morning. “We have talked at length about my urban renewal agenda and our message of economic revival, very much including our inner cities.”

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NLIHC: HUD Issues Final Smoke-Free Public Housing Rule

HUD released the final rule requiring public housing agencies (PHAs) to implement a smoke-free policy within 18 months. The final rule has only one change from the proposed rule (see Memo, 11/16/15), adding waterpipes (hookahs) to the list of prohibited products that include cigarettes, cigars, and pipes.

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