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.
Fact
Click | Left Click | Right

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.

  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc on line 13.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 24.
  • warning: Parameter 1 to hwri_user_login_block() expected to be a reference, value given in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/includes/theme.inc on line 669.

NLIHC: Solidarity: A Special Statement by Diane Yentel, President and CEO, NLIHC

Like most of you, I am stunned, saddened and outraged — by the terrible acts of hatred and intolerance displayed in Charlottesville this weekend, and by the president's shameful response.

Let's be clear. There is no moral equivalency between marchers for civil rights and justice and those sowing hatred and violent extremism in our neighborhoods and communities. There are not "many sides" to these events and there is not "blame to go around" for what ensued.

Read more >

RI Chapter of the American Planning Assoc: Rhode Island Plan 4 Health Convening

A workshop at the intersection of food access, planning & health.

Thursday, August 24, 2017

Providence Biltmore

18th Floor / L'apogee Meeting Space

10:00AM - 12:00PM

Speaking Program

12:00PM

Networking Lunch

RSVP Required

Read more >

Office of PD&R: Worst Case Housing Needs 2017 Report To Congress

Authors: Nicole Elsasser Watson   Steffen, Barry L.   Martin, Marge   Vandenbroucke, David A.

Release Date: August 2017 (92 pages)

Posted Date: August 9, 2017

Read more >