In 2006, voters in Rhode Island overwhelmingly passed a $50 million housing bond to build affordable homes in the Ocean State. Building Homes Rhode Island is the state program created to disburse $12.5 million a year over four years. This video documents the progress made through Building Homes Rhode Island during its first three years.

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Affordable housing development is going green and is helping to strengthen the state’s economy according to HousingWorks RI’s 2010 Fact Book on housing. The 2010 Fact Book examines the current state and future opportunities in the development of affordable homes in Rhode Island. Affordable homes are being built with green features and technologies that are also contributing to the growth of the green economy and jobs in the building trades.

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On Monday, August 16, Crossroads Rhode Island broke ground for Kingstown Crossings, an affordable rental development in North Kingstown. The new affordable homes are being developed on a vacant parcel of land adjacent to former Navy housing that has provided homes to formerly homeless families.

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Join HousingWorks RI as we unveil the 2010 Fact Book and kickoff a discussion on the future of affordable homes in Rhode Island.

This breakfast event will feature a panel discussion about the connection between the development of affordable homes in Rhode Island and the emerging green economy in the state.

Panelists include:

• Madeline Fraser Cook, Program Director, LISC Green Development Center

• Donald Powers, President/Principal, Donald Powers Architects

• Keith Stokes, Executive Director, Rhode Island Economic Development Corporation

• Laurie White, President, Greater Providence Chamber of Commerce

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In 2006, an overwhelming majority of Rhode Island voters in every city and town said yes to funding the rehabilitation or development of quality affordable rental and ownership homes throughout the state. The Building Homes Rhode Island (BHRI) program was then created to distribute the approved $50 million housing bond, with $12.5 million awarded every fiscal year over four years.

This Issue Brief provides detailed information about the homes being built with funds received during the third year of the program (FY 2009-10).

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Sandywoods Farm in Tiverton, Rhode Island has been named among the finalists for Affordable Housing Finance (AHF) magazine's 6th annual Readers' Choice Awards.

In an article in their July/August issue entitled The Nation's Best, AHF describes how they received 140 nominations this year, from which they carefully selected the 33 finalists in nine categories. Sandywoods Farm is one of three finalists named in the Master-Planned/Mixed-Use category.

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Join HousingWorks RI as we unveil the 2010 Fact Book and kickoff a discussion on the future of affordable homes in Rhode Island.

This event will take place on Tuesday, August 31 from
8:00 - 9:15 am at the Crowne Plaza, 801 Greenwich Avenue in Warwick, RI.

For more information, email events@HousingWorksRI.org, call (401) 274-4564 (x4177) 

Register online for this event.

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An editorial in today's Providence Journal celebrates the success of the Building Homes Rhode Island program (BHRI), the state program created thanks to the majority of voters in 2006 who approved a $50 million bond to create affordable apartments and starter homes throughout the state.

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City, state, and federal officials gathered today on Plainfield Street in Providence to celebrate the groundbreaking for OpenDoors Housing, LLC.  When complete, the development will consist of 19 service-enriched homes, as well as office space for OpenDoors.  The work will restore the historic former Sealtest Ice Cream Factory, enhancing the beauty and productivity of the neighborhood. Funding for the rehabilitation project came from several sources, including $760,000 from the Building Homes Rhode Island program.

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An article in this week's Providence Business News (PBN) highlights the significant financial contributions that Bank of America has made towards building affordable homes in Rhode Island. The two featured developments, Bourne Mill and Stillwater, are also being built with Building Homes RI (BHRI) funds.

In 2008, Bank of America announced its intention to devote $1.5 trillion to community development throughout the United States over ten years, with a special focus on underserved communities, low and moderate income populations, and minority customers.

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