AN ACT RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING
Rhode Island law signed requiring towns and cities to expand low and moderate-income housing supply through new development mechanisms or incentives.
Rhode Island law signed requiring towns and cities to expand low and moderate-income housing supply through new development mechanisms or incentives.
SB 611 is Rhode Island legislation designed to increase the supply of low and moderate-income housing in towns and cities. The bill has been signed into law and creates mechanisms or incentives to facilitate affordable housing development across the state's municipalities.
Housing affordability is a critical issue in Rhode Island, where median home prices and rents have risen significantly while wages have not kept pace, pricing out low and moderate-income residents. This legislation addresses a genuine market failure where private developers have insufficient incentive to build affordable units without government intervention or support.
Compiled from official sources — confirm details with the bill’s official record.
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