Report finds lack of affordability in rental apartments in R.I.

THE NATIONAL Low Income Housing Coalition has found a stubborn gap between what renters earn, and how much apartments cost. / COURTESY NATIONAL LOW INCOME HOUSING COALITION
THE NATIONAL Low Income Housing Coalition has found a stubborn gap between what renters earn, and how much apartments cost. / COURTESY NATIONAL LOW INCOME HOUSING COALITION
PROVIDENCE – A newly released report on the affordability of rental housing finds a persistent gap, nationally and in Rhode Island, between what people earn and the costs of a modest apartment. In Rhode Island, where 40 percent of households are renters, the annual income needed to afford a fair-market, two-bedroom rental is $41,526 this…

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