Place and Environment Commons^™

Providence's Unending Quest For Cash, Chester Smolski

Smolski Texts

"The mayor of Providence has a big problem. How can he balance a budget that addresses the needs of an increasingly large number of people, yet deal with a declining tax base that is less able to pay for theses extra services?"

Financing Difficulties Stall Linkage In Providence, Chester Smolski

Smolski Texts

"When the India Point Club luxury condominium development, scheduled to be built on the Providence waterfront, was announced in 1987, there were many local skeptics who said it was too expensive for the Providence market. After all, selling penthouse condos overlooking the dirty Providence River for over $1 million was quite ambitious--and some said impossible."

Eight Communities Meet To Find And Foot Housing, Chester Smolski

Smolski Texts

"When resources are provided to local cities and towns to address housing problems, the results can be both innovative and productive. This was aptly demonstrated at a recent workshop on affordable housing.

The 150 attendees who went to Newport, one of the eight cities and towns that received grants to study the problem, were there to share recommendations on how to best address the Providence metropolitan area's lack of affordable housing."

Ways To Offset High Interest, Rising Cost Of Housing, Chester Smolski

Smolski Texts

"Little noted by the general public, the recent decision by the Federal Reserve Board to make credit more costly and less easily available is having a marked impact on that same public, especially in the area of housing."

Housing Program That Suffers From Too Much Success, Chester Smolski

Smolski Texts

"One of the strengths of this country lies in the large number of people who own and occupy their own homes. In 1970, 63 percent of Americans were classed as owner-occupiers (in Rhode Island the figure was 58 percent), and that number has grown to approximately 65 percent today."