Proposes a bond measure to authorize the Town of Jamestown to issue up to three million dollars ($3,000,000) in general obligation bonds, subject to voter approval, to support affordable housing projects in Jamestown.
This bill amends Rhode Island's low and moderate income housing laws to clarify definitions and streamline the approval process for developers building affordable housing. It establishes new categories for counting affordable units, including rental properties with federal vouchers and certain mobile homes, while also defining what constitutes municipal subsidies like tax abatements and zoning incentives. The legislation allows developers to submit a single application for comprehensive permits when at least 25% of a project is affordable housing, provided the city or town does not already have high levels of affordable housing with inclusionary zoning. These changes aim to make it clearer how different types of housing contribute to local affordable housing goals and simplify the permitting process for qualifying projects.
Creates a state program and fund to finance adaptive reuse and mixed-use housing projects, requires affordable units and labor standards, and provides oversight to expand housing until 2035.
SB 2696 proposes changes to the state's low and moderate income housing act, which governs how towns and cities provide affordable housing options. The bill would modify existing rules and requirements for affordable housing programs, though specific details of the amendments are not yet available in the official abstract. This legislation directly affects local municipalities and housing authorities that administer affordable housing initiatives. The bill is currently in the early stages of the legislative process, having been introduced and referred to the Senate Housing and Municipal Government committee.
Amends the current law on low-income housing to include moderate-income housing and eliminates the income percentages used to determine qualifications for low or moderate income housing.
Authorizes the city of Providence to issue not more than $25,000,000 in general obligation bonds and notes to fund the providence housing trust fund to finance affordable multi-family housing projects in the city.
SB 2681 would establish a state-funded rental subsidy program for renters in towns and cities. The bill creates a new state program to provide direct financial assistance toward rental payments for eligible residents. It does not specify eligibility criteria, funding levels, or administrative details in the provided abstract. This bill directly affects qualifying renters and the state government responsible for administering the program.
Amends the current law on low-income housing to include moderate-income housing and eliminates the income percentages used to determine qualifications for low or moderate income housing.
Authorizes the city of Providence to issue not more than $25,000,000 in general obligation bonds and notes to fund the providence housing trust fund to finance affordable multi-family housing projects in the city.
HB 7803 establishes a state-funded rental subsidy program in Rhode Island to help extremely low, very low, and low-income households experiencing or at risk of homelessness. It allocates $25 million from the state general fund (starting July 2026) to provide project-based rental assistance, meaning the subsidy is tied to specific housing units rather than individual tenants. The program requires that tenants pay no more than 30% of their gross income toward rent (after utility allowances), regardless of area median income thresholds, and prioritizes households referred through Rhode Island’s Continuum of Care or Olmstead Plan. The program will be administered by the state’s executive office of housing, ensuring units meet federal safety standards and comply with fair housing laws.
