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  2. State doles out millions in funding for subsidized housing ...

    www.aol.com/state-doles-millions-funding...

    Parcel 9, I-195 development by Pennrose, Providence: $1 million in low-income housing tax credits, $14.2 million in loans. Mixed-income, mixed-use project at the edge of Fox Point, with the second ...

  3. New 'turnkey' pilot program will invest $1M to boost ... - AOL

    www.aol.com/turnkey-pilot-program-invest-1m...

    PROVIDENCE − The state Affordable Housing Trust Fund approved $1 million for a new pilot program on Thursday to increase the number of new income-restricted houses sold in the state, offering a ...

  4. What will RI's new $120M housing bond will actually do? Here ...

    www.aol.com/ris-120m-housing-bond-actually...

    It passed by a majority in all of Rhode Island's 39 cities and towns, but in a few, it barely squeaked by. In most cities, the housing bond won by a landslide, at 88% in Providence, 79.7% in ...

  5. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  6. Fair Housing Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Fair_Housing_Assistance...

    The Fair Housing Assistance Program (FHAP) is a federal program that is administered by the Office of Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development. The FHAP program provides funding annually on a noncompetitive basis to State and local agencies that enforce fair housing laws that are substantially ...

  7. RI has $3.8M to build more income-restricted housing - AOL

    www.aol.com/ri-3-8m-build-more-090441217.html

    Where will the money go: Rhode Island asked for $9.6 million, but received $3.8 million. State officials have said that they will need to retool their original application to accommodate the ...

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