Federal Reserve Bank of Boston: Boston Fed president visits RI to hear about opportunities in real estate, higher education

By Amanda Blanco

May 13, 2026

Members of Rhode Island’s real estate industry told Boston Fed President Susan M. Collins recently that the state’s housing crisis is having a critical impact on its ability to attract and retain talent – and that’s having ripple effects across the economy.

Developer and tech founder Lanre Ajakaiye said Rhode Island has a shortage of affordable housing units.

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Courtesy of Federal Reserve Bank of Boston