Providence authorizes $20M bond to address affordable housing shortage

PROVIDENCE MAYOR JORGE O. ELORZA on Wednesday announced the city would sell $20 million in bonds to fund affordable housing construction. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS
PROVIDENCE – Faced with an estimated nearly 8,000-unit shortage of affordable housing by 2030, the city of Providence will sell $20 million in bonds to help close the gap, city officials announced on Wednesday. The decision comes in part based on a new report from consultant RKG Associates outlining the severity of the city’s affordable…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display