Amends the Rhode Island Fair Housing Practices Act.
Amends the Rhode Island Fair Housing Practices Act.
Establishes a program operated by the Rhode Island housing and mortgage finance corporation called the "housing land bank" to create affordable housing in RI with the authority to buy, receive, and hold real property for housing development.
Amends the definition of affordable housing to create separate categories for housing using private or state financing as opposed to financing from the federal government.
Amends the definition of affordable housing to create separate categories for housing using private or state financing as opposed to financing from the federal government.
Requires the Rhode Island housing authority to update the count of affordable housing stock in the town of Tiverton two (2) times per year.
Requires the Rhode Island housing authority to update the count of affordable housing stock in the town of Tiverton two (2) times per year.
Establishes the Housing Flexible Spending Account Act of 2025 allowing Rhode Island employers to contribute pre-tax income into a housing flexible spending account (H-FSA), for employees to be used for qualified housing expenses.
Creates the department of housing land bank program to allow for the deposit of title to real estate assets for the purpose of developing residential housing.
Restructures the Rhode Island Housing and Conservation Trust Fund, increases its membership to 15 members, 11 of whom are to be from the general public and reallocates the percentage of the funds for housing, conservation and other goals.