United Way’s Nicolato on Supporting All 7 Bonds — And Affordable Housing Most Importantly
Tuesday, February 23, 2021
Cortney Nicolato with the United Way of Rhode Island appeared on GoLocal LIVE to advocate for all seven questions on the March 2 special election ballot — and one bond question most importantly.
Nicolato explained why United Way believes question three to support affordable housing is most critical for the community.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST“This is a 65 million dollar bond focused not just building news homes — which there are a ton of shovel-ready jobs that will build safe and affordable housing here in the State of Rhode Island — but also for preserving our homes,” said Nicolato. “Rhode Island has the oldest stock in the country, and so we do have a considerable amount of investments in the community to ensure that the houses we do have and the units we do have remain in the system for years to come.”
“So $45 million of [the bond] will be focused on that; the other $20 million is focused on community development, so various different programs and services that support safe and affordable housing — utility assistance, rental assistance, and other programs within the state,” she said.
Nicolato explained if approved, how the bond money is disbursed.
“The Housing Resources Commission, what they do is they evaluate the jobs and then they get the dollars out,” she added. “As I mentioned there are a considerable amount of shovel ready jobs, they’ve done a significant amount of work with potential commercial real estate agents or different various organizations throughout the state that are interested in building safe and affordable housing — so those dollars go fairly instantaneously.”
Related Articles
- Beverly Hills Firm That Owns Hundreds of “Distressed” Units Paid Millions By RI Housing
- Lawsuit Filed — Charges of “Uninhabitable Squalor” at RI Housing Project
- NEW: RI ACLU Appeals Ruling in Providence Student Housing Case
- Housing Sales Decline 5.1% in June, Reports RI Realtors
- RI Realtors Say Housing Prices Increased in April
- RI’s Picerne and Other Military Housing Violators Targeted By Presidential Candidate
- Grow Smart RI Study Outlines Transit-Oriented Development Potential to Address RI’s Housing Shortage
- Statement By Picerne’s Corvias to GoLocalProv Regarding Condition of Military Housing
- Military Housing Controversy — Sen. Reed Refuses to Return Donations From Controversial Picerne
- Controversial Student Housing Landlord Now Tied to East Side Property Slated to be Suboxone Clinic
- RIHousing Names Ventura Executive Director
- RI Realtors Say Housing Prices Increased in October
- The Perfect Storm: Rhode Island Is In a Massive Housing Crisis and It Could Get Worse
- Financial Incentives Available for Landlords to Rent to RIers Who Have Housing Vouchers
- Capital Good Fund’s Posner Unveils New $500,000 in Loans to Help Transportation and Housing Relief
- Affordable Housing Rally Taking Place Online Tuesday Morning
- Shekarchi’s Law Firm Tied To Dozens of Eviction Hearings, Raises Concerns as RI Faces Housing Crisis
- Brown University Steps Up With Housing for Frontline Workers Fighting COVID-19
- RI Realtors Say Housing Prices Rose in November
- Whitcomb: Police State Frenzy; Housing Search; Facebook Farce; Senate the Wrong ‘Jury’
- RI Housing Prices Hit Record Highs—43% Increase Over Past Decade
- Blount Offers Ships As Isolation Housing for Medical Staff and First Responders
- RI Median Housing Price in RI Increased 12.3% in 2020
