comparemela.com

Oxbow Farms News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cone and Steiner — with some help from the neighbors — figuring out what it takes to run a Capitol Hill general store

Cone and Steiner — with some help from the neighbors — figuring out what it takes to run a Capitol Hill general store
capitolhillseattle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitolhillseattle.com Daily Mail and Mail on Sunday newspapers.

Affordable Housing Stock Shrinks in Some R I Towns

During the past decade, a few Rhode Island municipalities have made slow progress toward the state’s 10% low- and moderate-income housing requirement, while some have stalled and many others have fallen behind.

Middletown affordable housing issues addressed from different views

Affordable housing defined, and where it already exists on Aquidneck Island

What is affordable housing? “Generally speaking, housing is considered to be affordable if no more than 30% of an owner’s/renter’s income goes toward housing costs (mortgage/rent, utilities, etc.),” Ronald Wolanski, the planning director for Middletown, explained in an email. “To be counted toward a town’s 10% goal, in addition to meeting the 30% of income rule, the housing unit must be subsidized, meaning that some public funding is used to develop or maintain the housing,” Wolanski added. Typical sources of funding are the Community Development Block Grant program and initiatives through Rhode Island Housing. “The property must also contain a provision in the deed that restricts the sale or lease of the unit to qualified low-[moderate] income families at the applicable affordable rate for a minimum of 30 years, Wolanski wrote. 

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.