Latino homeowner households in RI face challenges Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island Key Studies have quantified the economic impact and multiplier effect of
investing in affordable homes.
Fact
Click | Left Click | Right

Latino homeowner households in RI face challenges

The majority of Latino homeowners have had their mortgage for less than 10 years and more than half (56 percent) of these Latinos are housing cost burdened.

Housing cost burdens decrease the purchasing power of nearly 71,500 renter households in Rhode Island

If these cost burdened renters were in homes that were affordable to them, close to $400 million in purchasing power could benefit other parts of the economy.

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

In Rhode Island, the $50 million invested in the Building Homes Rhode Island program generated close $800 million in total economic activity throughout the state- $15.80 per $1 of funding deployed.

  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/sites/all/modules/views/modules/node/views_handler_filter_node_status.inc on line 13.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/sites/all/modules/views/plugins/views_plugin_style_default.inc on line 24.
  • warning: Parameter 1 to hwri_user_login_block() expected to be a reference, value given in /mnt/stor17-wc1-ord1/350461/501661/www.housingworksri.org/web/content/includes/theme.inc on line 669.

Save the Date! New England Housing Network Federal Forum

Friday, December 16, 2016

Federal Reserve Bank, 600 Atlantic Avenue, Boston

Breakfast and Registration: 9:00 a.m.

Forum: 9:30 a.m. – 12:00 p.m.

Invitation and registration materials to be sent 6 weeks before the event.

What will the next Administration and Congress do about the unmet need for affordable housing in our country? At this forum, we’ll hear from national experts about what they predict will happen, and we’ll hear reactions from New England speakers about what the impact will be on our states. We’ll also consider what we can do proactively to encourage a robust federal affordable housing agenda as we begin 2017.

National Speakers (to be joined by a panel of speakers from the New England states):

Read more >

September 26, 2016 in Local Interest

The New York Times: A Right to a Lawyer to Save Your Home

By: The Editorial Board, September 23, 2016

There are few legal fights more lopsided than landlords suing to evict their lower-income tenants.

In New York City’s housing court, it’s usually a team of lawyers representing the landlord going against a tenant, unrepresented and alone. The claims for eviction vary — the tenant owes months of back rent, or is not named on the lease. If the landlord doesn’t win, very often the tenant is muscled out with threats and harassment.

Many others are pushed out when landlords — eager to raise rents or demolish buildings to make way for pricey new developments — illegally withhold basic services like heat and hot water, or offer paltry buyouts.

Read more >

September 26, 2016 in Media Interest

MAKE ROOM: Let's Get Housing on the Agenda

MESSAGE FROM MAKE ROOM:

Together we will send 1 Million Messages

When will Congress put the housing crisis on their agenda?

When people like you and me send them 1 million messages demanding it. Let’s do this.

Join Make Room’s 1 Million Messages campaign demanding action on housing affordability.

Why now? Because too many hardworking Americans are struggling to keep a roof over their heads. People are going without food and basic necessities like medicine. Families and communities can’t thrive under this constant stress.

Read more >

September 19, 2016 in Local Interest