Rhode Island is burning through cash to build housing. It’s hardly made a difference, RIPEC says.

By: Christopher Shea

Outlets: Rhode Island Current

Published: June 1, 2026

Words: 962

Last Updated: 1 month, 3 weeks ago

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Record levels of funding and continued efforts by state leaders to cut red tape have barely made a dent in solving Rhode Island’s housing crisis, according to a new report from the Rhode Island Public Expenditure Council (RIPEC).

The 35-page analysis of the state’s housing landscape released last week by the business-backed research group analyzes the return on investment from the $120 million housing bond voters approved in 2024.

“The vast majority of …

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