Rhode Island Governor Gina Raimondo introduced her FY 2017 budget and proposed a $40 million bond to build homes, create construction jobs, and attract private investment.
The bond is intended to:
- Finance the development of 800 homes for working Rhode Islanders
- Leverage $160 million in federal and private resources
- Create more than 1,000 well-paying jobs
We will update this story with more details as they become available.