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WDC: Womens Development Corporation |
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| Housing Facts >> Providence
is seeing significant increases in the requests for emergency
shelter. Shelters are forced to turn away families and individuals,
leaving an estimated 62% of the need for emergency shelter unmet. >> Households
face a three year wait for public housing and a four year wait
for Section 8 certificates in Providence. >> Over 36%
of Rhode Island's rental households spent 30% or more of their
income on gross rent. Another 49,474 Rhode Island households spent
30% or more of their income on monthly owner costs. >> 9,600 families
with children under five years of age were living in poverty
in 1999. >> The median
price of a single family home in Rhode Island was $239,900 during
the last quarter of 2003. >> In
2003, the minimum wage in Rhode Island was $6.15 per hour.
To rent a two bedroom apartment that year, a household must have earned
$13.42 per hour. >> Unlike the
Federal Poverty Level, the Rhode Island Standard of Need (RISN)
incorporates housing, food, transportation, childcare and medical expenses
to determine an income that provides a minimum standard of living.
The RISN for a family with two young children is more than two times
the poverty level. To meet basic needs, an individual must earn
$13,824, or 1.6 times the poverty level of $8,592. >>
Rhode Island Housing Mortgage Finance Corporation
receives no state tax dollars. Since 1973, RIHMFC has helped
175,000 Rhode Islanders find houses and apartments they can afford. >> 20 of the
State's 39 cities and towns have subsidies and affordability
restrictions on less than 5% of their housing stock. |
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