Voters approved a bond measure that includes up to $10 million for creating a public housing entity.
Rhode Island state leaders are considering using public funds for affordable housing development after voters approved a $120 million housing bond that includes $10 million for public housing development.
As Jared Brey explains in Governing, “While it’s not clear exactly how the program will work, or even whether it will happen, advocates have been pushing for the state to create a public development entity similar to one used in Montgomery County, Maryland. There, the county invests directly in mixed-income housing projects, and instead of profiting off the market-rate units, it uses the income to subsidize reduced rents for lower-income people and reinvests its equity in other projects.”
More cities and states are experimenting with funding models that can support affordable housing even in the absence of federal assistance (President-elect Trump has proposed further cuts to housing vouchers and other federal assistance programs).
As the pandemic exacerbated the housing crisis, Rhode Island put more funding into affordable housing, investing $330 million in American Rescue Act dollars in housing programs. However, this only produced roughly 1,500 new housing units, signaling the inefficiency of the existing development system. Proponents of a state development entity suggest it could help direct state funds more effectively to mixed-income developments.
FULL STORY: Rhode Island Could Create a 'Public Developer' to Address Housing Crisis
How Atlanta Built 7,000 Housing Units in 3 Years
The city’s comprehensive, neighborhood-focused housing strategy focuses on identifying properties and land that can be repurposed for housing and encouraging development in underserved neighborhoods.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
The YIGBY Movement: Unlocking Church-Owned Land for Affordable Housing
As the housing crisis deepens, interest in faith-based development is spreading across the country. How do YIGBY zoning laws work, where are they being implemented or introduced, and what could it mean for communities and churches?
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
BLM To Rescind Public Lands Rule
The change will downgrade conservation, once again putting federal land at risk for mining and other extractive uses.
Indy Neighborhood Group Builds Temporary Multi-Use Path
Community members, aided in part by funding from the city, repurposed a vehicle lane to create a protected bike and pedestrian path for the summer season.
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