As evictions and housing insecurity rise, Rhode Island announces $166m for affordable housing - FORECLOSURE FRAUD

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As evictions and housing insecurity rise, Rhode Island announces $166m for affordable housing

As evictions and housing insecurity rise, Rhode Island announces $166m for affordable housing

HUD defines housing insecurity as “an umbrella term that encompasses several dimensions of housing problems people may experience, including affordability, safety, quality, insecurity, and loss of housing.” As HousingWorks RI showed in their 2022 Housing Fact Book, housing insecurity is on the rise in Rhode Island, as is the eviction rate. It was in the shadow of these facts that Rhode Island Governor Daniel McKee joined United States Senator Jack Reed, Housing Secretary Josh SaalRIHousing Executive Director Carol Ventura and affordable housing developer Peter Bouchard to announce the availability of more than $166 million in funding to support affordable housing efforts across the state.

The funding comes from a variety of sources, including both federal and state programs, and supports the construction and preservation of affordable housing as well as operating support. In March, the Governor and state leaders announced the availability of $60 million in funding to support affordable housing efforts across the state. Today’s announcement adds additional funding to support housing efforts, including programs supported via the state’s federal allocation of American Rescue Plan Act (ARPA) funds.

To continue reading the rest of the article, please click on the source link below:

https://upriseri.com/as-evictions-and-housing-insecurity-rise-rhode-island-announces-166m-for-affordable-housing/

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