| Chapter 417 |
| 2022 -- H 7944 SUBSTITUTE A Enacted 06/30/2022 |
| A N A C T |
| RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING |
Introduced By: Representatives Corvese, Shallcross Smith, Azzinaro, Noret, Phillips, and Amore |
| Date Introduced: March 07, 2022 |
| It is enacted by the General Assembly as follows: |
| SECTION 1. Chapter 45-53 of the General Laws entitled "Low- and Moderate-Income |
| Housing" is hereby amended by adding thereto the following sections: |
| 45-53-10 45-53-14. Database of low-income rental units. |
| (a) The Rhode Island housing and mortgage finance corporation established pursuant to § |
| 42-55-4 (the "corporation") shall, maintain an online database ("database") of low-income housing |
| tax credit developments which that are designated only for households at or below sixty percent |
| (60%) of area median income, adjusted for household size and subsidized housing developments, |
| as referenced in the corporation's Rhode Island resource guide, which are designated only for |
| households at or below eighty percent (80%) of area median income, adjusted for household size |
| (collectively "low-income rental units") in the state on the corporation's website. The corporation |
| shall place an emphasis on the database containing the following: |
| (1) Current, updated information on the existing inventory of low-income rental units in |
| the state; |
| (2) The contact person or entity and contact information pertaining to individual |
| developments; |
| (3) To the extent the information is available, a copy of the application to apply for housing |
| in individual developments; and |
| (4) Information pertaining to any special populations, including, but not limited to, elderly, |
| disabled, homeless individuals, and victims of domestic violence, served by individual |
| developments. |
| (b) This database shall be accessible to the public by July 1, 2023. |
| 45-53-11 45-53-15. Annual reports. |
| (a) The Rhode Island housing corporation established pursuant to § 42-55-4 (the |
| "corporation") shall provide the annual reports pursuant to subsections (b) and (c) of this section to |
| the speaker of the house, the president of the senate, the housing resources commission, the division |
| of statewide planning, and the secretary of housing. Reports shall be made available on the |
| corporation's website for a period of at least three (3) years, and shall be deemed to be a public |
| record. Reports shall be due on or before March 15, of each year, commencing in the calendar year |
| 2023. |
| (b) Report on Rhode Island housing corporation housing development and preservation |
| activity. This report shall include the following information: |
| (1) The identity of projects that have been provided funding by the corporation for housing |
| development or preservation and which that closed on that financing by December 31, of the |
| previous calendar year; |
| (2) The total aggregate of funds, in dollar amounts, which that have been provided to |
| projects by the corporation for housing development or preservation and which that closed on that |
| financing by December 31, of the previous calendar year, as well as those amounts disaggregated |
| by each project; and |
| (3) The number of housing units that received funding from the corporation for housing |
| development or preservation which that received a certificate of occupancy in the previous |
| calendar year, both in total and disaggregated by project. |
| (c) Report on tax payments made by affordable housing developments to municipalities |
| pursuant to § 44-5-13.11. This report shall include data aggregated by all the municipalities and |
| disaggregated by each individual municipality on the total amount of fees collected in the previous |
| calendar year by municipalities on any assessment and taxation made pursuant to § 44-5-13.11. |
| (d) With regard to the report in subsection (c) of this section, all municipalities in the state |
| shall annually submit to the corporation by January 15, of each year, the total amount of fees |
| collected in the previous calendar year by the municipality on any assessment and taxation made |
| pursuant to § 44-5-13.11 disaggregated by individual development. |
| SECTION 2. This act shall take effect upon passage. |
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| LC005361/SUB A |
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