Money transferal from the general fund to the housing trust fund for grants to low-income persons for purchase of shares in limited equity cooperative housing units
Housing cooperatives; organization and operation provided for seniors, low and moderate income people, and limited equity cooperatives and leasing cooperatives for designated members.
Grant programs created to fund municipal housing projects and initiatives, excise tax imposed, housing and redevelopment authority maximum levy amount increased, housing infrastructure bonds authorized to finance affordable housing to low-income households, workforce housing added as eligible project for housing and redevelopment authorities, bonds issued, and money appropriated.
Down payment assistance program established for purchase of cooperative housing, affordable housing cooperative technical assistance program established, reports required, and money appropriated.
Restructures RI Housing and Conservation Trust Fund, increase its membership to 15 members, 11 of whom are to be from the general public and reallocate the percentage of the funds for housing, conservation and other goals.
Restructures RI Housing and Conservation Trust Fund, increase its membership to 15 members, 11 of whom are to be from the general public and reallocate the percentage of the funds for housing, conservation and other goals.