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Affordable Housing is Taking Off Across the Country
The great state of Rhode Island is using $31 million to build over 600 units of affordable housing in 13 different communities all over the state.
The administration’s Housing Resources Commission approved the funding through the state’s “Building Homes Rhode Island” program.
According to Gov. Daniel McKee: “Addressing the housing crisis in Rhode Island is one of the top priorities of the McKee-Matos administration.”
This is fantastic and not just for creating safe, affordable houses, but for creating great jobs and revitalizing the economy.
Carol Ventura, executive director of RIHousing said: “Each dollar of BHRI funds invested leverages additional investments, which create significant economic benefits for the state and serve as an engine for growth, employment and spending on local goods and services.”
So this is great news for the people of Rhode Island. Rent and mortgage payments are sky high and only getting higher, so it’s good to see things being put in motion for you Rhode Islanders.
Meanwhile, the Minneapolis Public Housing Authority will demolish over a dozen houses and replace them with 84 new units in four and six plexes around the city.