As a state we must build upon the foundation that Speaker Shekarchi has laid out in his housing package and stand tall against misdirected fear of development or misguided biases of affordable housing.
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The construction of 144 income-restricted housing units in East Providence will receive no help from the city after three of five City Council members declared the $40,000-a-year tax reduction was too much for the city to afford.
A tax stabilization agreement proposed for ONE|NB’s Center City Apartments development in East Providence failed in the City Council last week in a 3-2 vote.
Construction on a new housing development at the former police station in Central Falls and a site across the street is starting in August this year, according to ONE Neighborhood Builders, the nonprofit community development corporation behind the project.
The discussion focused on the many challenges developers face when constructing and financing affordable housing in Rhode Island and throughout the country, including land acquisition, environmental remediation, construction costs, design requirements, and development timelines.
ONE Neighborhood Builders is putting out requests for proposals on behalf of the Nine Neighborhood Fund for two projects in Central Providence.
Construction of a four-story apartment building and the transformation of a former police station across the street in Central Falls could begin as soon as August, after the nonprofit developer ONE Neighborhood Builders secured financing to cover a 10% increase over budgeted construction costs.
ABC6.com highlight’s ONE Neighborhood Builders’ Broad Street Homes development, breaking ground in Central Falls summer 2024.
This month’s Fresh Friday will feature leading affordable housing developers and development finance experts in a discussion about how factors like land acquisition, environmental remediation, construction costs, design requirements, and development timelines impact the cost of affordable housing developments. Panelists will share examples of how these considerations have impacted their housing developments and discuss strategies to reduce costs.
Leaders and advocates from Rhode Island’s fifteen Health Equity Zones (HEZ) are urging state lawmakers to restore over $1 million in core operational funding for this critical piece of the state’s public health infrastructure. Health Equity Zone leaders warn that gaps in funding could weaken connections between community members, community-serving organizations, and health care systems.
