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Home » US Law » 2022 Rhode Island General Laws » Title 42 - State Affairs and Government » Chapter 42-11.2 - Affordable Housing Opportunity

Section 42-11.2-1. – Short title.

§ 42-11.2-1. Short title. This chapter shall be known and may be cited as “The Affordable Housing Opportunity Act of 1988”. History of Section.P.L. 1988, ch. 579, § 1.

Section 42-11.2-10. – Utility allowance.

§ 42-11.2-10. Utility allowance. (a) The executive department shall establish a schedule of utility allowances for units assisted under this chapter. The utility allowances shall be set at a level sufficient to provide for the costs of adequate heat, electricity and water for the various size dwelling units assisted under this chapter. (b) The executive […]

Section 42-11.2-11. – Tenant eligibility.

§ 42-11.2-11. Tenant eligibility. (a) In order to be eligible to reside in a unit assisted under this chapter, the tenant must be a low-income family as defined in § 42-11.2-3. (b) Notwithstanding subsection (a) of this section, a tenant is eligible to reside in a unit assisted under this chapter if: (1) The tenant […]

Section 42-11.2-12. – Admission and selection of tenants.

§ 42-11.2-12. Admission and selection of tenants. (a) Tenant selection shall be the responsibility of the owner, except that owners of units assisted under this chapter shall abide by the application and tenant selection policies and procedures established by the executive department. (b) The executive department shall develop application, waiting list, and tenant selection policies […]

Section 42-11.2-13. – Tenant rent.

§ 42-11.2-13. Tenant rent. Each eligible tenant receiving benefits under this chapter shall pay thirty percent (30%) of his or her adjusted income for its housing costs. Any amounts paid on behalf of tenants under the rental assistance program shall not be considered in determining the amount of welfare or other public assistance to which […]

Section 42-11.2-14. – Regulations.

§ 42-11.2-14. Regulations. The executive department shall promptly develop regulations to implement the provisions of this chapter, pursuant to the Administrative Procedures Act, chapter 35 of this title. These regulations may include the establishment of priorities for review of applications from owners in furtherance of the legislative purpose of this chapter. History of Section.P.L. 1988, […]

Section 42-11.2-15. – Annual report.

§ 42-11.2-15. Annual report. On or before January 15 of each calendar year, the executive department shall publish an annual report regarding its administration of the affordable housing opportunity program established under this chapter during the preceding calendar year, and shall include, at a minimum, the following: (1) The number of applications for assistance under […]

Section 42-11.2-16. – Funding.

§ 42-11.2-16. Funding. Seventy percent (70%) of all funds appropriated to carry out the provisions of this chapter shall be designated for contracts entered into with eligible owners pursuant to § 42-11.2-3(b)(1), and thirty percent (30%) of all such funds shall be designated for contracts entered into with eligible owners pursuant to § 42-11.2-3(b)(2). History […]

Section 42-11.2-2. – Legislative purpose.

§ 42-11.2-2. Legislative purpose. The general assembly recognizes and declares the following purpose for enacting this chapter: (1) There exists a serious shortage of decent, safe, and sanitary rental housing units that are available at rents affordable to low-income families in Rhode Island. Many families are denied access to decent housing because they are unable […]

Section 42-11.2-3. – Definitions.

§ 42-11.2-3. Definitions. Terms used in this chapter shall be defined as follows, unless another meaning is expressed or clearly apparent from the language or context: (1) “Eligible owner” means any of the following entities, provided that it shall have the legal right to lease or sublease existing, newly constructed, or substantially rehabilitated dwelling units. […]

Section 42-11.2-4. – Rental assistance — Unit based subsidies.

§ 42-11.2-4. Rental assistance — Unit based subsidies. The executive department is hereby authorized to enter into contracts, not to exceed twenty (20) years in duration, to make rental assistance payments to eligible owners which acquire, construct, or substantially rehabilitate housing in which at least fifty percent (50%) of the units shall be available for […]

Section 42-11.2-5. – Application for assistance payments by owner.

§ 42-11.2-5. Application for assistance payments by owner. (a) The executive department shall take applications for the unit based rental assistance program from eligible owners or prospective eligible owners of units eligible for assistance under this chapter. (b) The executive department shall require, as prerequisites to its approval of any application or its commitment of […]

Section 42-11.2-6. – Monthly assistance payments.

§ 42-11.2-6. Monthly assistance payments. The monthly rental assistance payments for units eligible for assistance under this chapter shall be the difference between the housing costs for the unit, and the rent the family is required to pay under this chapter. History of Section.P.L. 1988, ch. 579, § 1.

Section 42-11.2-7. – Required contract provisions.

§ 42-11.2-7. Required contract provisions. Contracts to make rental assistance payments under this chapter shall provide that: (1) The duration of rental assistance payments thereunder shall not exceed or extend beyond the duration of principal payments due and owing by the eligible owner upon the primary financing of the acquisition, construction, or substantial rehabilitation of […]

Section 42-11.2-8. – Anti-displacement provisions.

§ 42-11.2-8. Anti-displacement provisions. The executive department shall administer the affordable housing opportunity program in a manner that will cause the least permanent displacement of persons occupying existing dwelling units which may be assisted under this chapter. History of Section.P.L. 1988, ch. 579, § 1.

Section 42-11.2-9. – Fair market rent.

§ 42-11.2-9. Fair market rent. The executive department shall determine a fair market rent for each unit assisted under this chapter in an amount that is no greater than the maximum fair market rent for the particular size unit as established by the U.S. Department of Housing and Urban Development for the Section 8 existing […]