News & Event
The abandoned site on Branch Street in Pawtucket, R.I., was an eyesore. Overgrown with weeds, an area that had once been a thriving neighborhood surrounded by mill buildings, had become a dumping ground and troublesome magnet for vandalism and other crime.
“It was not only an eyesore, it was a detriment to the health of the neighborhood,” said Andrew Pierson, associate director of real estate development and administration at Pawtucket Central Falls Development.
Pawtucket Central Falls Development, a nonprofit community development corporation, set out to revitalize the area. The nonprofit organization applied for Low Income Housing Tax Credits and secured funding from multiple sources to embark on a $10.8 million development project known as Branch Blackstone.
The development involves the creation of 29 new affordable housing units in four buildings along Branch Street by the Blackstone River in Pawtucket as well as the rehabilitation of 17 affordable apartments on five scattered sites in Pawtucket and Central Falls.
“Our goal was to bring back a residential neighborhood of Pawtucket,” Pierson said.
Federal Home Loan Bank of Boston member Pawtucket Credit Union received a $500,000 grant through the Bank’s Affordable Housing Program and also provided a $500,000 construction loan for the initiative.
“Transforming Branch Street from a blighted, neglected street to a vibrant affordable neighborhood with play space for children and greenspace for all is such an exciting opportunity,” said Joseph Silva, senior vice president of commercial lending at Pawtucket Credit Union. “The new construction and rehab of the additional affordable units in the area will make an enormous impact in the community, and we are proud to have been able to participate.”
Grants from the Environmental Protection Agency’s Brownfields Program were used to clean up the contaminated Branch Street site and prepare it for construction. Construction started in June 2017.
Branch Blackstone is affordable to households earning up to 60 percent of the area median income with monthly rents ranging from $650 to $1,000. Pierson noted that five units are reserved for households earning up to 30 percent of the area median income, while the majority of the units are for households earning below 50 percent of the area median income.
The mix of one-, two-, three- and four-bedroom apartments range in size from 600 square feet up to 1,200 square feet. The first completed units were occupied almost immediately.
Annika Daluz, 30, is one of the new residents. Frustrated during her housing search when she toured apartments in Providence and Pawtucket that were in disrepair and well above her budget, Daluz learned about Branch Blackstone through a friend.
She completed an application, was placed on a waiting list, and was excited when she learned she could move into one of the newly constructed units.
“I kept driving by and seeing the construction and hoped that I would get one of the new apartments but didn’t think I would,” she said.
Daluz moved into a two-bedroom apartment with her 2-year-old daughter in August 2018.
“The fact that it’s brand new and that I can afford to live here - it’s just incredible,” said Daluz, who pays $800 for rent.
Daluz appreciates the parking, security, and convenience of living within close proximity to her job in Attleboro. She is also happy that Pawtucket Central Falls Development is attentive to any maintenance issue that arises.
“It’s wonderful,” she says of living there.
Courtesy of Federal Home Loan Bank of Boston
Wednesday, November 1, 2017
2200 Southwood Drive, Nashua, NH
We invite you to be a part of the second New England Lead Conference taking place on Wednesday, November 1, 2017 in Nashua, NH. Hosted by the New England Lead Coordinating Committee, the conference will include a variety of educational sessions focusing on lead prevention, policy, model programs, outreach, the EPA’s Renovation, Remodeling and Repair Rule (RRP), lead abatement, compliance, and the economics of lead poisoning.
Read more >
October 4, 2017 in Events, Local Interest
The Narragansett Times: Dziobek steps down as Welcome House director
By KENDRA GRAVELLE Sep 29, 2017
SOUTH KINGSTOWN—When Joseph Dziobek accepted the position of executive director of Welcome House of South County nearly three years ago, he had expected the job would make for a simple transition into retirement.
But what was intended as a part-time gig turned into much more than that for Dziobek, who this week left his post.
“It’s been a challenge,” said Dziobek, whose last day on the job was Monday. “And it’s been very satisfying—I feel very close to the people who have been a part of it.”
Dziobek, 66, took the job at Welcome House after retiring from his career as CEO of Fellowship Health Resources. He said he intended only to stay for two or three years.
October 4, 2017 in Local Interest
Final Days to Register: 2017 Housing Fact Book Release
Date: Wednesday, October 11, 2017
Luncheon: 12:00pm - 1:30pm
Location: Rhode Island Convention Center, 1 Sabin Street, Providence RI
October 3, 2017 in Events, Local Interest
Rhode Island College: The Defamation Experience
Monday, October 30, 2017
5:00PM - Doors Open
6:00PM - Performance
SPONSORED BY: THE DIVISION OF COMMUNITY EQUITY AND DIVERSITY AND THE DIVISION OF STUDENT SUCCESS
THE PLAY * THE DELIBERATION * THE DISCUSSION
September 27, 2017 in Events, Local Interest
NLIHC: Sign Letters to Support Equitable Housing Recovery after Devastating Hurricanes
Help ensure that low income people and neighborhoods are treated fairly after Hurricanes Harvey, Irma, and Maria. A broad coalition of national, state, and local organizations is calling on Congress, FEMA, and HUD to ensure that the federal response to Hurricanes Harvey, Irma, and Maria is complete and equitable for everyone, especially families and individuals with the lowest incomes who are often the hardest hit by disasters and have the fewest resources to recover afterwards.
September 27, 2017 in Local Interest, National News
Roger Williams University: Social Justice Month Events
Thursday, Oct 19
Mary Tefft White Center
How Housing Works
4:00pm – 6:00pm
Sponsored by Housing Works RI and RWU Chief Diversity Officer
Keywords: socioeconomic status, race, jobs, housing, equity
Workshop with Brenda Clement, Director of Housing Works Rhode Island and Ame Lambert, RWU Chief Diversity Officer.
An overview of housing issues in Rhode Island and connections to the larger social justice agenda.
September 25, 2017 in Local Interest
Providence Journal: People on the move for the week of Sept. 17
Posted Sep 13, 2017 at 5:34 PM
Updated Sep 13, 2017 at 5:34 PM
Rhode Island LISC
Rhode Island Local Initiatives Support Corportation has welcomed two new employees. Jeremiah O’Grady, of Lincoln, joined LISC as program officer after spending more than 12 years at ONE Neighborhood Builders as real estate project manager and director of asset management and operations.
Liz Klinkenberg, of Warwick, was hired as communications director. She brings more than 15 years of public relations experience to her new position, including work for The Miami Herald and The Providence Journal.
The Providence American: Reed Announces $300k in Community Development Grants for NeighborWorks Affiliates
WASHINGTON, DC – In an effort to promote healthy, vibrant neighborhoods across Rhode Island, U.S. Senator Jack Reed today announced an additional $300,000 in federal funding for three Rhode Island-based affiliates of NeighborWorks America (NeighborWorks). These federal funds will help NeighborWorks Blackstone River Valley, ONE Neighborhood Builders, and West Elmwood Housing Development Corporation to provide affordable housing opportunities, generate job growth, and enhance economic stability for working families. Earlier this year, Senator Reed also helped to secure over $750,000 in federal funding for NeighborWorks affiliates in Rhode Island, bringing total NeighborWorks investment in the state to above $1 million for fiscal year 2017.
September 21, 2017 in Federal News, Local Interest
The Providence American: Providence Unveils PVD Gives Donation Station
PROVIDENCE, RI – Mayor Jorge O. Elorza today joined members of the City Council, public safety officials, and community leaders who have been named to the PVD Gives commission for the unveiling of the City’s first Donation Station at Kennedy Plaza. The retrofitted parking meter is one of ten stations that will be installed across the city to collect funds that will support local organizations that provide housing and services to those in need.
“PVD Gives and the new Donation Stations make it easier to give back,” said Mayor Jorge Elorza. “Our collective generosity can make all the difference in the lives of those striving to get back on their feet. I encourage visitors and residents to chip in and be part of the solution.”
September 21, 2017 in Local Interest
Providence Journal: Report: New England losing 65 acres of forestland per day
By Steve LeBlanc / Associated Press
Posted Sep 19, 2017 at 11:21 AM
Updated Sep 19, 2017 at 11:21 AM
BOSTON — New England has been losing forestland to development at a rate of 65 acres per day — a loss that comes at a time when public funding for preservation of open land, both state and federal, has also been on the decline in all six states.
That’s the conclusion of a report released Tuesday by the Harvard Forest, a research institute of Harvard University.
The study found public funding for land conservation in New England dropped by half between 2008 and 2014 to $62 million per year, slightly lower than 2004 levels.
By Amanda Milkovitz / Journal Staff Writer
Posted Sep 16, 2017 at 9:58 PM
Updated Sep 16, 2017 at 9:58 PM
Some 500 veterans attended the Operation Stand Down/Rhode Island outreach event at Diamond Hill State Park.
CUMBERLAND, R.I. — They served their country — some decades ago, some just recently, and some who deployed again and again.
And when they returned, some of them disappeared into the shadows of society and ended up on the streets, struggling and feeling forgotten by a public that claims to honor its veterans.
This is what three Vietnam veterans from Rhode Island — Tony DeQuattro, Robert O’Connor and Jack Ordner — saw happening to fellow servicemen and women decades ago. And, DeQuattro said Saturday, he was tired of waiting for the government to help.
So, 25 years ago, the three men held the first Operation Stand Down/Rhode Island outreach event. They set up a military-style tent city at the old Ladd School, in Exeter, and bused in homeless and at-risk veterans to spend the weekend, getting free medical and legal care, haircuts, and services from the U.S. Department of Veterans Affairs.
Forty veterans came to that first event.
This weekend, it was more like 500. And at Diamond Hill State Park, where the event has been held for the last 23 years, the number of volunteers and services have also expanded to help homeless veterans.
RIPTA and shuttle buses brought in veterans from all across the state. The District Court and Traffic Tribunal set up tents to help veterans deal with court costs, expungements and traffic violations, while the state Department of Motor Vehicles assisted them with reinstating licenses. Veterans could get haircuts, dental care, medical and mental health services, check if they have unclaimed property, and pick up clothing.
Gov. Gina Raimondo, U.S. Sen. Sheldon Whitehouse and Brig. Gen. Christopher P. Callahan of the R.I. National Guard and other Rhode Island dignitaries served meals. The veterans slept on fresh bedding and cots in tents named for fallen Rhode Island servicemen and women. Rhode Island motorcycle clubs provided security; most have members who are veterans.
The setting was meant to invoke memories of their military service, when they were treated with dignity and respect. In military terms, “stand down” means safety and rest.
Over the last 25 years, the need hasn’t changed, DeQuattro said. If anything, it’s grown with each new war.
So has Operation Stand Down/Rhode Island. The nonprofit organization now helps about 2,000 homeless and at-risk veterans find housing, employment and help with veterans benefits year-round.
DeQuattro’s youngest daughter, Dee DeQuattro Rothermel, was only 4 years old when it started, and she remembers playing with other children who came with their veteran parents. She realized as she grew older that those families were probably homeless.
Now communications and development director for Operation Stand Down, DeQuattro Rothermel said the event is still a family affair. She met her husband, David Rothermel, a Marine, when he arrived at an outreach seven years ago and asked to volunteer. The couple came up with the “Boots on the Ground” memorial two years ago, as a way to honor the fallen.
“My dad is very modest, but it’s a huge thing that he started 25 years ago,” she said. “We’re proud of him. It’s an accomplishment.”
DeQuattro spoke to the gathering of veterans at a ceremony Saturday afternoon.
“I do it because God told me to,” DeQuattro told them, “and because we have to take care of our brothers and sisters.”
Roger Williams University: Social Justice Month Events
Thursday, Oct 19
Sponsored by Housing Works RI and RWU Chief Diversity Officer
This workshop will utilize information collected by Housing Works RI around how housing decisions are made. The workshop will study zip codes to see what that revels to us about housing, race, and socio-economic status.
Click to view the How Housing Works flyer.
Tuesday, Oct 24
Sponsored by FIMRC and Public Health
Film and discussion led by Dr. Kerri Warren and members from the RWU Chapter of FIMRC
UNNATURAL CAUSES is the acclaimed documentary series broadcast by PBS and now used by thousands of organization and clubs to tackle the root causes of our alarming socioeconomic and racial inequities in health.
Click to view the Unnatural Causes flyer.
April 06, 2018
The solution is to site projects in places that make sense environmentally and societally. The current policy, though, is nothing more than a collective shrug and the repeated claim that it’s cheaper to cut down trees than redevelop disturbed areas.
PROVIDENCE — Both climate solutions are identified as “green” — in fact, one literally is — but the Mother Nature-created one is being destroyed to make room for the manmade one.
Some proponents of the latter say chunks of the former need to be sacrificed if society is to kick its dirty fossil-fuel habitat. Their well-intentioned argument goes something like this: we can’t say no to everything and we need renewable energy.
While renewable energy is a must, it shouldn’t be given carte blanche to be sited anywhere and everywhere. If that’s the development practice Rhode Island embraces, environmental degradation will continue. Public health will suffer.
Rhode Island could lead the way, and the best place to start would be to stop bulldozing trees, covering open space and marginalizing farmland in the name of green energy. This effort would require some universal sacrifice, diversified leadership, a touch of political will, National Grid mapping Rhode Island’s grid capacity, accounting that includes environmental and public-health costs, plenty of carrots, and at least one stick (disincentivize).
“Grow Smart strongly endorses the governor’s renewable-energy goals (1,000 megawatts by 2020), but how we achieve that goal is as important as how that goal is reached,” said Scott Millar, community technical assistance manager for Grow Smart Rhode Island. “We need to concentrate as much growth as possible in the urban developed core.”
Two workshops at Grow Smart Rhode Island’s recent all-day Power of Place Summit held at the Rhode Island Convention Center explored the intersection of green energy and green space.
A morning workshop titled “Rhode Island Forests: Our Invisible Green Giant” discussed the condition of the state’s forests, their economic contributions and how the use of smart-growth techniques can accommodate economic opportunity, such as renewable-energy development, while preserving forestland.
An afternoon workshop titled “A Smart Growth Approach to Renewable Energy Siting” discussed the strategies needed to increase incentives for siting solar and wind projects in and on already-developed areas.
Rhode Island has ambitious goals for renewable-energy generation, and expanding solar and wind power is critical to meeting these goals and reducing, and eventually eliminating, greenhouse-gas emissions produced by the burning of fossil fuels. Energy efficiency also plays a major role in reducing Rhode Island’s reliance on out-of-state fossil fuels, most notably natural gas.
Currently, the state’s rural communities — Coventry, Foster, Exeter, Richmond and Hopkinton, to name a few — are being asked, some would argue made, to sacrifice forests and farmland for renewable-energy sprawl. It’s a counterproductive situation that is frustrating conservationists, municipal planners, developers and landowners.
The siting of solar and wind projects is a complex issue wrapped in property rights, tax revenues, the carrying capacity of power-grid infrastructure, smart grids, microgrids, energy storage, incentives, and environmental protections. Municipal ordinances and comprehensive plans aren’t designed to address Rhode Island’s land rush that is trampling woodlands and taking farmland out of production.
Exeter’s renewable-energy ordinance, for example, was adopted in late 2015, after applications were filed for two small solar projects. Since then, a Rhode Island developer has proposed erecting four solar-energy systems totaling nearly 37 megawatts of energy.
Foster’s new town planner is dealing with four recently built solar projects, one that is under construction, one that is headed to the Planning Board and two more that are in the preliminary stages. Forty acres in the Scituate Reservoir watershed have already been clear-cut to accommodate the first five renewable-energy projects, according to Jennifer Siciliano.
A proposed 32.7-megawatt solar project on 567 mostly wooded acres along Shermantown and Tower Hill roads in North Kingstown has created much resident angst. To address the town’s outpouring of concern, the developer recently cut the project’s megawatt proposal by more than half.
In Cranston, 60 acres of forestland was clear-cut and ledge was blasted to make room for 60,000 solar panels.
Exeter’s planner, Ashley Sweet, told ecoRI News last month that the town needs to “beef up” its ordinance to deal with utility-scale energy projects.
“The current ordinance doesn’t adequately protect the town or meet the comprehensive plan,” she said. “We have a private solar developer who has targeted Exeter and is trying to annihilate zoning ordinances for utility development.”
Few oppose Rhode Island’s need for more wind and solar energy, but where many of these projects are being built or proposed is a growing problem. During the past few years Rhode Island has experienced a land grab to build renewable energy in areas with capacity, most of it solar and much of it on farmland and forestland. In fact, the state’s energy programs and incentives inadvertently push such development to green space. Efforts to change this paradigm are moving slowly.
To build renewable-energy projects on landfills — Rhode Island has about 100, according to Millar — brownfields, rooftops, parking lots and other developed areas requires carrots, such as incentives, renewable-energy certificates (commonly called RECs), tax breaks, favorable lease rates, and grants.
Other developed and disturbed areas, such as gravel banks, median strips, land along highways and vacant big-box stores and their vast parking lots, don’t require as many, if any, carrots to reappropriate. Millar noted that underutilized fields that aren’t covering prime farmland soil would also make sense for renewable-energy development.
Rhode Island has an ample inventory of these developed and underused areas, but they are largely ignored when it comes to erecting wind and solar infrastructure. The Ocean States needs to reverse this shortsighted trend, and quickly.
New England neighbors Connecticut, Massachusetts and Vermont have already forged a system that incentivizes the development of renewable energy in preferred locations.
Vermont, for instance, has discouraged the development of renewables in or on prime agricultural soil and wildlife habitat, on forestland, or in wetlands.
Millar noted that Vermont has plenty of land in its preferred locations to host the infrastructure needed to meet its renewable-energy targets. He also mentioned that New Jersey has mapped its “preferred” and “not preferred” locations for solar siting. New Jersey identified that 29 percent of its land is preferred for siting solar, dominated by existing residential and commercial areas. It also determined that 63 percent of its land is not preferred — i.e., forests, wetlands and agriculture.
New Jersey’s solar-siting program was built on consensus that utility-scale solar projects shouldn’t be permitted on open space; working farms should be allowed to install a small amount of solar to meet their energy needs; and where solar and wind is put matters more than generating green power.
New Jersey is currently ranked fifth in the United States with regards to total installed solar capacity.
Meg Kerr, senior director of policy for the Audubon Society of Rhode Island, moderated the March 29 “A Smart Growth Approach to Renewable Energy Siting” discussion. She noted that Rhode Island needs to do a better job siting renewable-energy projects in the urban-built environment using smart-growth principles.
“We don’t have localized incentives right now to develop on developed lands,” Kerr said. “Communities feel unprepared, but we need to power society’s many energy needs without using fossil fuels.”
The panel discussion Kerr led featured Erika Niedowski, policy advocate for the Acadia Center; Paul Raducha, senior developer for Kearsarge Energy LP; and Grow Smart’s Millar.
“Keep in mind we have to deal with climate change. There’s an urgency to take climate action,” Niedowski said. “We can’t put renewable-energy development on hold as we figure this out. When it comes siting, we’re dealing with two green goals: renewable energy and environmental protections.”
She rejected the suggestion that some planners, such as Sweet, have made to place a moratorium on renewable-energy projects until municipalities and the state adopt updated ordinances and guidelines.
“We need to continue to green our energy supply,” Niedowski said. “So how do we accelerate the rate of renewables development while protecting natural resources?”
Rhode Island currently has 244 megawatts of renewable energy, in the form of onshore wind (104 megawatts), solar (64), landfill gas/anaerobic digestion (35), offshore wind (30) and hydropower (11).
Millar noted that 200 of those 244 megawatts of renewable energy were developed outside the state’s urban service boundary. Many of those 200 megawatts, especially the solar-produced ones, were sited on what was once woodland and farmland.
“We’re losing large forested areas to more fragmentation,” he said. “It’s critical that we protect this resource. Forests mitigate the impacts of climate change, efficiently storing and capturing carbon through photosynthesis.”
Rhode Island’s forestland, however, is more than just a carbon sink. The state’s 400,000 acres of forest, about 70 percent of which is privately owned, protect drinking-water supplies, reduce pollution, protect against flooding, moderate air temperatures, and provide wildlife habitat.
The late Alfred L. Hawkes, executive director of the Audubon Society of Rhode Island for 35 years, called the Ocean State’s forestland the state’s most valuable resource.
Forest products also contribute an estimated $710 million annually to the Rhode Island economy and support some 3,300 jobs.
Despite these many benefits, Christopher Modisette, state resource conservationist for the U.S. Department of Agriculture, said, “Our forests are taken for granted and continue to disappear. As pressures continue to mount, how do we protect this incredible resource?”
Modisette moderated the “Rhode Island Forests: Our Invisible Green Giant” panel discussion that featured Bill Buffum, a research associate in the University of Rhode Island’s Department of Natural Resources Science, Tee Jay Boudreau, deputy chief for the Rhode Island Department of Management’s Division of Forest Environment, and Christopher Riely, coordinator of the Rhode Island Woodland Partnership.
“Forests and woodlands are a big part of the climate solution,” Riely said. “They’re carbon-eating machines.”
The state’s Office of Energy Resources (OER) is studying the controversial siting issue. An OER stakeholders group has been meeting monthly since last summer.
The Rhode Island Energy Resources Act, which addresses renewable-energy siting, has broad support, including from OER, DEM, the Rhode Island Farm Bureau, the Northeast Clean Energy Council and the Conservation Law Foundation.
Courtesy of ecoRI News
Published on October 21, 2016
BY MARY MACDONALD | MACDONALD@PBN.COM
When a renter or homeowner is housing-cost burdened, it means that they often do not have enough resources to meet basic needs or contribute to the local economy. … Based on 55,800 cost-burdened owner households in Rhode Island, these households spend an estimated $1.26 billion on their mortgage and housing expenses per year. If they lived in housing affordable to them, that figure would decrease to $773 million per year.
Are renters caught in a rut, paying too much rent to save toward ownership? While not the only solution, increasing the supply of housing, particularly affordable units, for renters would help… We found that by 2025, a 12-13 percent increase in the number of households will occur. Due to the demographics and housing preferences of the households. … more than 80 percent of new households are projected to live in multifamily units. Over 30,000 new housing units will be needed in multifamily properties.
HousingWorks RI envisions a state in which all communities embrace a variety of housing choices. … Developing housing close to transit or job hubs, or existing neighborhood or village centers makes good sense. In addition, affordability should play a key role in housing creation throughout our state.
Working to reduce regulatory barriers at both the local and state levels would help to reduce costs. In November Question 7, the $50 million Housing Opportunity Bond, will be presented to voters. … It is estimated that the bond will generate over 1,000 jobs and help to address our housing shortage by providing resources to preserve and build more affordable homes across the state.
Courtesy of Providence Business News.
Housing advocates in Rhode Island representing a wide coalition of housing groups including community development corporations (CDCS); public housing authorities (PHAs); homeless shelter providers and advocates issued the following statement on the tax bills passed by the House of Representatives and Senate Finance last week:
“Rhode Island already has an affordable housing crisis, but the tax bills recently passed by the US House of Representatives and under consideration in the Senate would make it a catastrophe. Without the federal tax credits and bonds that these bills weaken or eliminate, tens of thousands of affordable homes will not be built, and tens of thousands of families will be left homeless across our state and country.” said Brenda Clement, Director of HousingWorks RI. “The programs impacted by these bills are critically important affordable housing development and preservation tools, particularly in Rhode Island. We need Congress to protect these vital programs and to invest in the affordable housing resources that we rely on to meet the urgent housing needs of Rhode Islanders.” noted Melina Lodge, Executive Director of Housing Network of RI. “If a tax bill like this becomes law, it will impede our ability to create new affordable housing for years to come and will exacerbate homelessness in Rhode Island resulting in more families out on the streets irreparably harming our communities. ” said Bert Cooper, Interim Administrator of the Rhode Island Coalition for the Homeless. “This legislation would increase the federal deficit by $1.5 trillion which will put immense pressure on lawmakers to make massive cuts to programs that benefit low-moderate income people including federal housing programs.” noted Michael Lyckland, President of the Public Housing Association of Rhode Island.
The House tax proposal:
· Significantly weakens the Low-Income Housing Tax Credit, a successful public-private partnership that has become the foundation for affordable housing development across New England and the nation. While the credit itself is retained, it would be significantly weakened due to the corporate tax rate being significantly lowered. With less of a need for tax credits, the value of the Low-Income Housing Tax Credit would drop, greatly reducing investments in low income housing by private companies. If not addressed, over the next five years, this will result in the loss of more than $35 million that could have been used to develop or preserve 400 homes for Rhode Island families.
· Eliminates the tax exemption on Private Activity Bonds, including multifamily housing bonds. This tax exemption allows bond-financed multifamily projects to access ‘4% Housing Credits,’ which have helped produce or preserve tens of thousands of affordable homes in New England. Developments financed with 4% credits often serve households with extremely low incomes, and these credits have also been used on mixed-income developments, helping to meet overall demand for market rate housing while providing rents that households with lower incomes can afford. Tax-exempt bonds are also used for reduced interest mortgages for first time homebuyers. Rhode Island currently utilizes 4% housing credits with tax exempt bond financing to preserve about 400 units every year. In addition to preserving our stock of affordable homes, that investment results in $6 million annually in construction activity, supporting 135 construction jobs.
· Eliminates the New Markets Tax Credit, a vital resource for community revitalization efforts in distressed areas. In Rhode Island, recent projects supported by the New Markets Tax Credit include Amos House, the Boys & Girls Club in Pawtucket and the Institute for Nonviolence. Housing. Between 2003 and 2015, $412.4 million in NMTC allocation leveraged an additional $405.7 million from other sources for a total of $818.1 million in project investments to 62 Rhode Island businesses and revitalization efforts, creating 8,720 jobs.
· Eliminates the Historic Rehabilitation Tax Credit, which has had a great impact in Rhode Island attracting developers to invest in once vacant, deteriorated, and underutilized structures, such as old mills, schools, and hospitals, and transforms them into much needed housing and commercial space. Hundreds of historic and iconic buildings in Rhode Island have been returned to use, creating homes resulting in tens of millions in new local tax revenues. Based on Grow Smart RI's analysis of data from the US. Census Bureau and a 2017 Rutgers University report, Rhode Island ranks first in the country on a per capita basis for its volume of recent historic rehab expenditures associated with the federal credit.
· Reforms the Mortgage Interest Deduction, which has been a long-standing effort of housing advocates and would ordinarily be a major step in the right direction. Unfortunately, the tax proposal uses the resulting savings to pay for tax cuts, not to fund new investments in affordable housing.
· Increases the federal deficit by $1.5 trillion, putting immense pressure on lawmakers in future years to make massive cuts to programs benefiting low- and moderate-income people, include federal housing programs.
HousingWorks RI at RWU is a clearinghouse of information about housing in Rhode Island. We conduct research and analyze data to inform public policy and promote dialogue about the relationship between housing and the state’s economic future and our residents’ well-being.
Public Housing Association of Rhode Island (PHARI) is an association of twenty-five public housing authorities throughout the state dedicated to providing safe, affordable and decent housing.
The Housing Network of Rhode Island is the state association of non-profit community development corporations. Our members have developed and build thousands of units of affordable housing throughout the state and initiated numerous revitalization efforts in neighborhoods across Rhode Island.
The Rhode Island Coalition for the Homeless is organized to promote and preserve the dignity and quality of life for men, women, and children by pursuing comprehensive and cooperative solutions to the problems of housing and homelessness.
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