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Rhode Island & The American Rescue Plan

Housing Stability for Rhode Islanders (September 2021)

Recommended Priorities for Investing American Rescue Plan Funds

Overview

The American Rescue Plan (ARP) provides an extraordinary opportunity for federal investment to help states and localities respond to the coronavirus public health emergency and help redress its devastating economic effects. The ARP Act, otherwise known as the COVID-19 Stimulus Plan, was signed into law by President Joe Biden on March 21, 2021. The package is intended to help states recover economic and health effects of the COVID-19 Pandemic. The State of Rhode Island received a total of $1.1 billion in ARP State Fiscal Recovery Funds, intended to “provide substantial flexibility for each government to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest hit by the crisis. These funds can also be used to make necessary investments in water, sewer, and broadband infrastructure..” as told by the U.S. Department of Treasury, highlighting the flexibility of uses of these funds to meet local housing and health needs. 

Click here to view Economic Progress Institute’s one-pager on RI’s ARP allocations.
Click here to view EPI’s break down of ARP funds allocated to towns and cities. 

Our Recommendations for Housing Investments

“Housing Stability for Rhode Islanders: Recommended Priorities for Investing ARP Funds”

Over the past year, Homes RI advocated for State Leaders to make a substantial investment of American Rescue Plan State Fiscal Recovery funds to improve housing stability for Rhode Islanders. On July 23rd, Governor Dan McKee signed a $13.6 billion FY23 budget, which included a $250 million investment of American Rescue Plan funds in affordable housing and homelessness. The $221 million in SFR funds allocated for housing in this budget (on top of $29 million approved in the RI Rebounds Act approved in January 2022) represent an historic level of investment providing critical financial resources for housing development, expanded homeownership opportunities, and support for people experiencing homelessness. We applaud the General Assembly for their leadership on housing this year, building on important initiatives enacted in 2021, such as the creation and seeding of the state’s first dedicated Housing Production Fund. Housing is an ongoing need that changes over time in response to population shifts, policy decisions, and levels of investment and we urge our State Leaders to remain steadfast in their commitment to addressing Rhode Island’s housing challenges by reducing barriers and making continued investments in development, preservation, and stabilization services.

Timeline of RI American Rescue Plan Housing Provisions Progress

June 27, 2022
Governor Dan McKee signs historic FY23 budget to maintain Rhode Island's economic momentum.
June 27, 2022
June 24, 2022
Homes RI Statement Regarding Housing Provisions in FY23 State Budget.
June 24, 2022
June 16, 2022
Rhode Island House of Representatives approve $13.6 billion FY23 budget including $250 million for affordable housing and homelessness services.
June 16, 2022
May 19, 2022
Say YES to Invest Legislative Event at State House
May 19, 2022
April 7, 2022
Senate Finance Committee Hearing on American Rescue Plan Investments; Article 1, Section 16.
April 7, 2022
March 17, 2022
Alexa Gagosz, Boston Globe: Despite unprecedented federal dollars, housing advocates say R.I. still isn’t designating enough funds to build, preserve units
March 17, 2022
March 16, 2022
NON-PROFIT HOUSING DEVELOPERS CAN PRODUCE OVER 1900 AFFORDABLE HOMES IN NEXT THREE YEARS (HNRI Press Release and Infographic)
March 16, 2022
March 9, 2022
Governor’s FY 2023 Budget: ARPA Projects Presentation
March 9, 2022
March 9, 2022
House Finance Committee Hearing on American Rescue Plan Investments; Article 1, Section 16.
March 9, 2022
March 9, 2022
Article 1, Section 16 Housing Investments State Fiscal Recovery Funds Presentation
March 9, 2022
January 15, 2022
American Rescue Plan State Fiscal Recovery Funds Request & Budget Proposal Comparison (Last Updated: 2.15.22)
January 15, 2022
January 20, 2022
Homes RI statement regarding Governor's budget proposal.
January 20, 2022
January 18, 2022
Governor Dan McKee FY23 budget housing investment proposals.
January 18, 2022
January 4, 2022
General Assembly approves FY22 supplemental budget
January 4, 2022
November 15, 2021
“Housing Stability for Rhode Islanders,” Homes RI presentation to the Senate Finance Committee.
November 15, 2021
October 19, 2021
Homes RI Letter to Governor Dan Mckee regarding FY22 supplemental budget, housing investment proposal.
October 19, 2021
October 8, 2021
Governor McKee’s supplemental FY22 budget proposal.
October 8, 2021
October, 2021
“Make it Happen: Investing in Rhode Island’s Future,” report from the RI Foundation’s Make it Happen Steering Committee
October, 2021
September, 2021
“Housing Stability for Rhode Islanders: Recommended Priorities for Investing ARP Funds,” Homes RI proposal.
September, 2021
September 10, 2021
Homes RI stakeholder and partner survey: priorities for ARPA recommendations.
September 10, 2021
July 15, 2021
“Recommendations for Spending Rhode Island’s State Allocation of ARP State and Local Fiscal Coronavirus Recovery Funds,” Homes RI proposal; submitted to Make it Happen Steering Committee.
July 15, 2021

Recent Relevant Articles

This year at the General Assembly | GA Press Release | June 2022

What People Are Saying About the Signing of the Historic FY2023 State Budget | Press Release | June 2022

As McKee signs budget, abortion advocates protest that more protections should have been added | Boston Globe | June 2022

Speaker Shekarchi and advocates call for investments in housing using APRA funds | Steve Ahlquist | Uprise RI | May 2022 

Despite unprecedented federal dollars, housing advocates say R.I. still isn’t designating enough funds to build, preserve units | Alexa Gagosz | Boston Globe | March 2022

Hundreds of millions in APRA funds wasted in McKee budget | Steve Ahlquist | Uprise RI | February 2022

RI lawmakers kick off 2022 session with $119M spending bill, veto overrides | Ted Nesi, Steph Machado | WPRI 12 | January 2022

Opinion/Santilli: The future of homelessness will be decided this winter | Karen Santilli | Providence Journal | December 2021

Advocates: McKee’s affordable housing request not enough to fix problem | Kim Jarrett | The Center Square | October 2021

Opinion|ARPA funds can help to solve RI’s housing crisis| Sen. Meghan Kallman and Rep. June Speakman| Providence Journal| October 2021

Here’s what’s in Governor Dan McKee’s proposal for American Rescue Plan Act funds | Andy Boardman | UpriseRI | October 2021

Advocates Call on R.I. to Use $500m of Federal Dollars on Housing | Alexa Gagosz | Boston Globe | September 2021

“Where Did All the Homes Go? RI Faces a Crisis in Housing” | Patrick Anderson | Providence Journal | September 2021

More News and Articles →

Together, we can work to ensure all Rhode Islanders live in safe, healthy, affordable homes.