Say Yes to Invest - Support Dedicated Funding for Homes
Rhode Island has an urgent shortage of affordable homes. Supply has not kept up with the need, and costs of housing far outpace wages and family incomes. Access to safe, healthy and affordable homes is not equal across racial and ethnic groups - Black, indigenous, and households of color are disproportionately paying more for housing, and more likely to live in unsafe or substandard living conditions than white households. COVID has worsened this crisis. There are almost 600 Rhode Islanders, including children who are waiting for temporary shelter, with nowhere to go. Per capita, Rhode Island is only investing about $20 in long-term affordable homes, far behind our New England neighbors. We are also the only state in the Northeast without a dedicated funding stream for housing production.
Right now, there is legislation pending (H-5687 and S-365) in the General Assembly and a proposal by Governor McKee in his state budget to create a dedicated funding stream to build and preserve affordable homes. Please encourage your legislators to #SayYesToInvest and vote for the dedicated funding stream legislation and budget proposal.
UPDATE June 23, 2021: The House Finance Committee approved the FY22 State Budget last week which includes a dedicated funding stream for housing production and preservation!! The budget will be voted on by the full House on Thursday June 24. The Senate bill, S-365 (Sub A) will be voted on by the full Senate on Thursday June 24!