Rhode Island Governor Dan McKee's office is announcing a new affordable housing initiative funded by the American Rescue Plan Act.
“I’m excited to be able to provide yet another critical funding tool to help Rhode Island meet the housing needs of our residents,” said Governor McKee. “Ensuring that all Rhode Islanders have access to a safe and affordable home is critical to the success of Rhode Island families, our communities and our state. It’s why I’ve made housing a top legislative priority and why I am committed to my ‘Rhode Island Rebounds’ plan for spending federal SFRF funds allocated to Rhode Island as it is the boost our state needs. These investments will help alleviate the housing shortfall and affordability crisis while reinvigorating our state’s economy.”
“Solutions to address Rhode Island’s affordable housing crisis will require the participation and support of numerous stakeholders working collaboratively and creatively,” said Lt. Governor Sabina Matos. “I’m proud that the Site Acquisition Program has the support of so many community leaders and housing professionals. 'Build more,' I hear again and again! Well this program will certainly allow us to do just that!”
Twelve-million dollars is being funneled into the new Site Acquisition Program to help developers, municipalities and public housing agencies secure land. Rhode Island Housing will administer the program and will begin accepting requests for proposals next week.
(Photo by YURI CORTEZ/AFP via Getty Images)