RENT Housing Subsidy Fund ($1M/year rental assistance)
Summary
A new city fund would give up to $3,000 per household per year to renters and homeowners facing eviction, utility shut-offs, or foreclosure, prioritizing those earning 60% of area median income or less. It sunsets in 2029 and needs annual appropriation. Several council members support it but insist it must be paired with rent stabilization, not stand alone.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Mar 19, 2026.
Impact analysis
$1 million a year in city money, subject to annual appropriation, with up to 20% for administration.
Providence renters and homeowners at or below 80% of area median income who are on the edge of losing their housing.
Mentions & discussions (1)
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