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Affordable duplex rental developed by the Cumberland Housing Authority - funded in part through BHRI.
Neighborhood Opportunities Program housing for low-wage families

Cumberland at a Glance:

Cumberland is a town in Providence County, incorporated in 1746. Cumberland has a total area of 28.2 square miles, of which 1.5 square miles is water. Cumberland is in the lower Blackstone Valley of Rhode Island and in the John H. Chafee, Blackstone River Valley National Heritage Corridor, New England's historic National Park area. Cumberland's governmental structure is composed of a seven member elected Town Council and a Mayor.

Housing Facts: 2011

Typical monthly housing payment* for a $233,250 house $1,790
Household income required to afford a $233,250 house $71,615
Average monthly rent for a two-bedroom apartment $1,115
Household income required for that rent to be affordable $44,600
Average private-sector wage for jobs in Cumberland $45,188
Foreclosures in Cumberland  
Actual number of foreclosures 39
Total number of mortgaged housing units 7,342
Foreclosures as a percentage of mortgaged stock 0.50%
Housing Units in Cumberland  
Number of year-round housing units 13,738
Housing units that quality as affordable 796
Affordable housing units reserved for the elderly 622
Affordable housing units reserved for families 108
Affordable housing units reserved for persons with special needs 66
Homes funded through Building Homes Rhode Island 3
How much housing is needed?  
Additional housing units necessary to meet the 10% threshold established by the State's Low and Moderate Income Housing Act of 2004 578

*Calculated using a 30-year mortgage at 4.45% interest (2011 average rate) with a 3.5% down payment, property taxes (the state's median rate of $17.95 per the $1000 of the home's valuation), hazard insurance ($100/month), monthly mortgage insurance (1.25%/month).