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Rhode Island
South Kingstown Enacts Inclusionary Housing Regulations to Help Meet Rhode Island's Housing Affordability Goals
With coastal zone housing increasingly beyond the reach of workers and all Rhode Island towns obliged to provide 10 percent of units for their low to moderate income residents by 2025, the South Kingstown Town Council's newly enacted ''inclusionary housing'' regulations require developers of six or more lots to set aside 20 percent of units as affordable, in exchange for density bonuses to offset such units' cost.
Currently, reports Providence Journal writer Katie Mulvaney, South Kingstown classifies 5.2 percent of its housing as affordable and needs 456 low-cost units to meet the state's affordability goal. Other communities throughout the state, she notes, are considering similar inclusionary zoning proposals, seen by the industry ''as unfairly burdening new homebuyers and builders'' with the cost of solving the state's affordable housing crisis.
The new South Kingston subdivision regulations, updated by the Planning Board earlier this month, apply to all projects of at least six lots, including condominiums and housing for seniors, with their affordable units remaining in that category for at least 99 years. -- Providence Journal 9/28/2006
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