Housing cost burdens decrease the purchasing power of nearly 56,000 owner households in Rhode Island
Under the ACA, Accountable Care Organization (ACO) structures aid in the transformation from a volume-based system to a value-based system Key Studies have quantified the economic impact and multiplier effect of
investing in affordable homes. Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy.
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Housing cost burdens decrease the purchasing power of nearly 56,000 owner households in Rhode Island

If these cost burdened owners were in homes that were affordable to them, close to $500 million in purchasing power could benefit other parts of the economy.

Under the ACA, Accountable Care Organization (ACO) structures aid in the transformation from a volume-based system to a value-based system

Rhode Island spends 81 cents of every elder and adult-disabled long-term care dollar on nursing home care, 33% higher than the national average.

Key Studies have quantified the economic impact and multiplier effect of investing in affordable homes.

A 12% to 13% increase in the number of households is anticipated, driven by a growing population and simultaneous decline in household size attributable to both lower birth rates and an aging population. The growing number of households will generate demand for production of an additional 34,600 to 40,200 new housing units.

Public investment in affordable homes has provided a strategic stimulus to Rhode Island's economy.

Voters approved Question 7 on the RI ballot and agreed to invest in a $50 million housing bond, allowing the state to create affordable housing opportunity programs, and improve properties in need of revitalization. Bonds are crucial, but we need a dedicated funding stream to ensure all communities have good, quality housing that is affordable.

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Community Developments: Enterprise Releases Report on SMMF Properties

  • Small and medium multifamily housing (SMMF) – properties with between two and 49 units – is a much more important source of homes than has generally been recognized, especially for low-income households, according to new research from Enterprise and The USC Bedrosian Center on Governance, housed at the USC Price School of Public Policy.

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LISC RI: 2016 By the Numbers

These numbers tell the story of resources—dollars and time—that LISC Rhode Island has invested in our state. The story doesn’t end there. We hope you will spend a few minutes watching this video and learning more about LISC’s impact from our local community partners.

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Reed, Collins Introduce Bipartisan Bill to Prevent U.S. Interagency Council on Homelessness from Being Shuttered

WASHINGTON, DC -- In an effort to prevent and end homelessness, and ensure that states and communities have a comprehensive strategy and coordinated support from the federal government, U.S. Senators Jack Reed (D-RI) and Susan Collins (R-ME) today introduced bipartisan legislation to strengthen the United States Interagency Council on Homelessness (the Council). The Council is an independent agency that coordinates federal efforts to efficiently and effectively combat homelessness, working across 19 federal agencies and departments and with partners in both the public and private sector to find ways to streamline and improve service delivery to people experiencing homelessness.

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