RI has enough apartments for only half of its lowest-income residents, report warns
“There aren’t enough subsidized rentals for the 49,468 lowest-income households in Rhode Island, leaving half of them without viable housing options, according to a national report on low-income housing. The National Low Income Housing Coalition’s ‘GAP’ report found extremely low-income renters – those who are either at or below the federal poverty line, which is 30% of the area median income ($21,500 a year for a single person) – have only about half the number of apartment rentals needed to serve the population.”