Open Access. Powered by Scholars. Published by Universities.®
Public Affairs, Public Policy and Public Administration
Affordable housing; business development; community interests; home ownership; urban development
Articles 1 - 1 of 1
Full-Text Articles in Community-Based Research
Stimulus For R.I. Housing, Chester Smolski
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."