QUESTION 3 FACTS
HOW TO VOTE
(BY MAIL, EARLY IN-PERSON, OR ON MARCH 2)
Question 3’s $65 million investment will finance the construction and rehabilitation of homes and apartments that Rhode Island workers, families, seniors, and veterans can afford.
- Funding from past housing bonds has created over 3,200 affordable homes and apartments for families, seniors, and veterans in 34 communities across Rhode Island.
- In 2019, households earning $34,000 or less (just under the median renter income) could not affordably rent an average-priced 2-bedroom apartment in any Rhode Island city or town.
- Based on 2019 median single family home prices, a household earning the state’s median household income of $63,000 would be able to affordably to buy a home in just one of Rhode Island’s cities and towns.
Voting Yes on 3 will create good paying jobs for Rhode Island's building and construction workers.
- The $65 million Housing and Community Opportunity bond will leverage millions in additional investments in our communities. Past housing bonds have generated a total of $780 million in public and private investment in Rhode Island.
- The availability of homes within the financial reach of workers is essential for Rhode Island’s employers to attract and retain the workforce they need to succeed and grow.
FOR RHODE ISLAND
- Safe, stable, affordable housing is critical to the health of residents, families, and communities, especially during the ongoing COVID-19 pandemic.
- Redevelopment, new construction, and property acquisitions will improve public safety, increase property values, and spark revitalization in neighborhoods and communities across Rhode Island.
VOTING “YES” ON AFFORDABLE HOUSING WORKS.
- Rhode Island voters have approved important affordable housing bonds during the 2006, 2012, and 2016 elections which have been life-lines for many, but more homes are desperately needed.
- Previous housing bonds have supported more affordable homes and apartments throughout Rhode Island – not just in the state’s urban core.