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 0.
  • 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 0.
  • 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.

Q4 2015 Quarterly Foreclosure Report

HousingWorks RI at Roger Williams University (HWRI) today released its analysis of foreclosures in Rhode Island for the fourth quarter of 2015 (Q4 2015). The report looks at the number of residential foreclosures in each of Rhode Island’s 39 cities and towns and offers regional and earlier time period comparisons.

Quick Glance Findings:

Read more >

HousingWorks RI at RWU Director Position Posted

The HousingWorks RI at Roger Williams University Director position has been posted, and is currently live on the Roger Williams University website. If you are interested in applying, you may find a description, the necessary requirements, etc. here.  

If there are any questions, please do not hesitate to email Amy Cola at acola@rwu.edu.

Read more >

Q3 2015 Quarterly Foreclosure Report

HousingWorks RI at Roger Williams University (HWRI) today released its analysis of foreclosures in Rhode Island for Q3 2015. The report looks at the number of residential foreclosures in each of Rhode Island’s 39 cities and towns and offers regional comparisons.

Quick Glance Findings:

Read more >