HOUSING AND HOMEOWNERSHIP
NCSL title "Affordable Housing Bond Measure" vs official "HOUSING AND HOMEOWNERSHIP".
fiscal_impact assembled from labeled cells of the handbook's cost table (values verbatim; table layout not reproducible as prose).
Rhode Island publishes no official pro/con arguments.
Ballot also carries the general question: "Shall the act passed by the General Assembly at the January 2026 session ... be approved ...?" (handbook p.8).
2. HOUSING AND HOMEOWNERSHIP - $120,000,000 To increase and preserve the availability of affordable and accessible housing to meet the needs of all Rhode Islanders and support community revitalization through the redevelopment of existing structures, new construction, property acquisition, and infrastructure improvements. Of this amount, at least twenty-five million dollars ($25,000,000) shall be allocated towards increasing production of housing intended for homeownership and up to ten million dollars ($10,000,000) may be used to support a program for public housing development.
Your vote to “Approve” means that you support the State issuing $120,000,000 in general obligation bonds to increase housing and homeownership.
Your vote to “Reject” means that you are against the State issuing $120,000,000 in general obligation bonds to increase housing and homeownership.
Approval of this bond will provide one hundred and twenty million dollars ($120,000,000) to increase housing availability and supply, revitalize communities, and promote affordable homeownership. New construction and renovation of existing buildings will increase and preserve housing affordability.
How much money will be borrowed? $120,000,000; Total Costs $192,586,000. * Cost of issuance estimated at 0.4% of principal issued. ** Assumes an interest rate of 5%, with bonds amortized with level payments over 20 years.
Not published by the state
Not published by the state
Both columns use the same layout. Text is quoted from the official state guide. Views expressed belong to the argument authors.