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Social and Behavioral Sciences Commons

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1979

Rhode Island College

Work, Economy and Organizations

Affordable housing; business development; community interests; home ownership; urban development

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Full-Text Articles in Social and Behavioral Sciences

Stimulus For R.I. Housing, Chester Smolski Mar 1979

Stimulus For R.I. Housing, Chester Smolski

Smolski Texts

"It was the single largest bond issue in the state and one of the largest in the nation. The Rhode Island Housing and Mortgage Finance Corporation (HMFC) has sold $163 million of tax-free bonds, $142 million of which will be made available at below market interest rates to persons with annual incomes up to $30,000, to buy homes in Rhode Island. This will have a sizable impact on the local real estate market and increase housing opportunities for many prospective home buyers."