Cranston
REAL ESTATE
Rhode Island tackles housing shortage by making it easier to add rental units on to homes
BOSTON (AP) — A new state law designed to streamline the process of developing accessory dwelling units — also known as “granny flats” or “in-law apartments” — is being hailed by advocates as a way to create affordable living spaces amid an ongoing housing crunch.
College Hill Colonial Revival Now on the Market — $1,695,000
GoLocalProv and Residential Properties Content Partnership. Residential Properties is offering a historic colonial revival on one of College Hill’s most splendid streets. The home, located at 82 Keene Street, is now being offered at $1,695,000. Property Description. Arthur L. Kimball House, ca. 1895: This stunning Colonial Revival has fine...
RI’s Affordable Housing Strategy Needs More Innovation, Including Modular Homes - McMahon
Rhode Island is in the midst of a brutal housing crisis—the worst since post-World War II. The median asking price of a single-family home in May was $525,000. About 150,000 households in RI—about one-third of all households in the state—are cost-burdened (spending more than 30% of their income on housing). The median rent in Providence in 2023 was $2002/month. The rate of production of new housing units in RI is one of the lowest in the nation. Permits for housing units in RI in 2023 were about one-fifth of what they were in 1986.
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