WPRI 12: RI panel to study why most cities, towns miss 10% affordable housing goal

by: Ted Nesi

Posted: Jun 10, 2021 / 11:30 AM EDT / Updated: Jun 10, 2021 / 04:15 PM EDT

PROVIDENCE, R.I. (WPRI) — With house prices soaring across Rhode Island and new construction still depressed, lawmakers are set to begin a review of the state's key affordable housing law.

The Low and Moderate Income Housing Act, first enacted in 1991, call for at least 10% of the housing supply in Rhode Island municipalities to be classified as “affordable.”

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Courtesy of WPRI 12