Rhode IslandHousing and Development Bond Measure

Housing and Development Bond Measure

Rhode Island · November 3, 2026

Issue $120 million in bonds to fund the construction and development of affordable housing projects

A yes vote means The city/state borrows $120 million to build affordable housing projects.
A no vote means The $120 million affordable housing bond funding does not happen.
Simple explanation
Think of this like your city taking out a loan to build new affordable apartments. The government borrows $120 million now, builds housing that costs less to rent, and then pays back the loan over time using regular budget money. It's a way to create more affordable places for people to live without having to spend that money all at once.

Source: Ballotpedia

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