Chapter 421
2022 -- S 3051
Enacted 06/30/2022

A N   A C T
RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING

Introduced By: Senator Dominick J. Ruggerio

Date Introduced: June 20, 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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LC006178
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