RIH allocates $3.5M in affordable housing funds

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RHODE ISLAND HOUSING'S board of commissioners approved the allocation of $3.5 million to two projects from the state's Housing Trust Fund, a resource designed to expand the supply of quality affordable housing to working families in the state. Above, Rhode Island Housing Executive Director Barbara Fields. / COURTESY RHODE ISLAND HOUSING
RHODE ISLAND HOUSING'S board of commissioners approved the allocation of $3.5 million to two projects from the state's Housing Trust Fund, a resource designed to expand the supply of quality affordable housing to working families in the state. Above, Rhode Island Housing Executive Director Barbara Fields. / COURTESY RHODE ISLAND HOUSING
PROVIDENCE – Rhode Island Housing’s board of commissioners approved the allocation of $3.5 million in Housing Trust Fund resources for two projects that will revitalize homes for 145 Rhode Island families, RIH announced Tuesday. This is the first allocation from the state’s HTF resources. “Today in Rhode Island, the demand for homes is outpacing supply…

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