Rob Horowitz: Affordable Housing Bond is a Good Investment for RI
Tuesday, October 16, 2012
This year’s bond issue is for $25 million—half of the investment made in 2006. It is estimated that it will leverage at least $6 for every one dollar spent on the construction of affordable homes. This investment will provide a badly needed shot in the arm for the stalled Rhode Island economy as well as creating the affordable housing needed to keep young college graduates from leaving our state and providing seniors on fixed incomes with real housing options.
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