Brenda Clement - Providence Business News

ADDITIONAL PAYMENT: The 11,579-square-foot home at 626 Bellevue Ave. in Newport, which sold for $30 million in 2021, is now assessed at $21.6 million. That will mean an additional $103,200 annual payment to the state under the “Taylor Swift tax” taking effect in July.  COURTESY GUSTAVE WHITE SOTHEBY’S INTERNATIONAL REALTY

How will ‘Taylor Swift tax’ impact R.I.’s luxury real estate market?

Focus 03/13/2026

As the Ocean State’s so-called “Taylor Swift tax” is poised to go into effect this July, observers agree that for Rhode Island’s wealthiest homeowners,...

Report: R.I. offers 54 affordable units for every 100 extremely low-income...

Economic Activity 03/05/2026

PROVIDENCE – For every 100 extremely low-income households, Rhode Island provides just 54 affordable and available units, according to a new report by the...

A $120 MILLION housing bond issue was approved by voters statewide in November 2024. Gov. Daniel J. McKee wants to put another $120 million bond issue for affordable housing on the ballot in November. / PBN FILE PHOTO/WILLIAM HAMILTON

In 2024, voters OK’d $120M housing bond; Gov. McKee is seeking...

Editor's Choice 01/23/2026

Over the last two decades, Rhode Island voters have approved five bonds totaling $310 million aimed at making housing more affordable, but now Gov....

PBN unveils 2026 Book of Lists

Economic Activity 01/16/2026

PROVIDENCE – Representatives from a cross section of Rhode Island’s business and nonprofit sectors spent Thursday evening at the Graduate by Hilton Providence networking...

Report: Zero R.I. communities now meet affordable housing standards

Economic Activity 10/17/2025

PROVIDENCE – In recent years, just one Rhode Island community offered affordable housing options to renters making a median salary. This year, not a...

Affordable homes grow across R.I. in 2024 with new counting method

Housing 06/10/2025

PROVIDENCE – R.I. Housing and Mortgage Finance Corp. released the state’s 2024 Low and Moderate Income Housing chart with major changes to how the...

Residents, leaders discuss affordable housing solutions at policy breakfast

Health Services 11/17/2024

HOPKINTON – Residents, community leaders and policymakers convened Oct. 30 for a policy breakfast to discuss “Housing All of Our Neighbors: Creating Affordable Housing...

IN PROGRESS: The nonprofit SWAP Inc. (Stop Wasting Abandoned Property) is building this two-family house at Burnside and Arnold streets in East Providence to sell to a family that meets income limits. Supporters of Question 3 on the ballot say similar affordable housing programs will be funded with a $120 million bond issue.  PBN PHOTO/WILLIAM HAMILTON

BUILDING BONDS: New housing, higher ed facilities top $343M in bond...

Art & Culture 10/25/2024

In Rhode Island, $107,452 won’t get residents very far in the housing market. That figure – the state’s median household income – doesn’t support an...

PRE-FAB HOMES: A crane moves a pre-manufactured housing unit into place on Bowdoin Street in Providence during ONE Neighborhood Builders’ construction of an eight-unit apartment house, which was completed in 2022.   COURTESY ONE NEIGHBORHOOD BUILDERS

R.I. has fallen behind in use of manufactured homes

Focus 10/25/2024

As a housing crisis continues to rage throughout the U.S., a recent report notes that more residents are willing to live in nontraditional quarters...