Breaking Down the Ballot: What to Know About
the $120 Million Housing Bond Referendum

Voters will decide whether to increase the availability of housing, support community revitalization
and promote home ownership.

LISC
Share
LISC
Breaking Down the Ballot: What to Know About
the $120 Million Housing Bond Referendum
Copy

On Nov. 5, Rhode Island voters will have the opportunity to weigh in on five statewide ballot questions.

Question No. 3 asks voters to approve a $120 million bond to “increase the availability of housing, support community revitalization, and promote home ownership.”

Jay O’Grady, the senior program officer for the Rhode Island branch of the Local Initiatives Support Corporation (LISC), a nonprofit that supports community development initiatives, spoke with Luis Hernandez of The Public’s Radio.

This interview was conducted by The Public’s Radio. You can read the story here.

Officials project $38 million a year once tolling resumes, but spending obligations have outpaced revenue by millions
The Providence City Council is still one vote short of a supermajority that could override Mayor Brett Smiley’s expected veto. The policy would cap annual rent increases at 4% with exceptions for owner-occupants.
Mayor Ken Hopkins says a 7.4% tax increase is necessary to maintain city services and close the existing budget gap
Plus: the Rhode Island Black Film Festival, opening day at the drive-in and more
Rachel Miller says the council is poised to ‘make history’ with final approval Thursday
State Sen. Jessica de la Cruz is proposing a phased 10% income tax cut over five years, arguing the state’s core problem is spending, not revenue