Amends the definition of "low- and moderate-income housing" to include housing secured by a federal government voucher or subsidy, but only if the voucher or subsidy is applied prospectively.
Amends the definition of "low and moderate income housing" to include housing secured by a federal government voucher or subsidy.
Authorizes the department of housing to issue bonds in the amount of $50,000,000 with a maturity date not to exceed 20 years, to establish the housing production revolving fund, to promote the development of housing and ensuring more affordable housing.
Authorizes the department of housing to issue bonds in the amount of $50,000,000 with a maturity date not to exceed 20 years, to establish the housing production revolving fund, to promote the development of housing and ensuring more affordable housing.
Provides that mobile and manufactured homes be included as affordable housing under certain conditions.
Exempts 30% of the lessor’s assessed real property tax expense over $19,500 for each calendar year remaining on the 10 year lease dated July 27, 2021, of Rhode Island Coalition Against Domestic Violence.
Provides that mobile and manufactured homes be included as affordable housing under certain conditions.
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.
Low And Moderate Income Housing