McKee announced $166 million in funding for affordable housing

(WJAR) — The McKee administration announced on Thursday the availability of $166 million to help with affordable housing.

The money was partly allocated from Rhode Island’s American Rescue Plan Act funds.

“Just a few short months after we signed the budget, we are here opening up a competitive funding round to get these dollars out the door and start building on that promise. The McKee-Matos Administration has made housing one of our top priorities and we are thrilled to be able to make these strategic housing investments and help Rhode Islanders as quickly as possible,” said Gov. Dan McKee in a statement.

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The money will be awarded to proposals that help meet that housing goal.

On Thursday, McKee and U.S. Senator Jack Reed announced a new Request for Proposals at Reynalds Farm in North Kingstown.

“Let me state clearly: the federal funds being put to work here are from a law that some have said should never have been passed. I fought for these funds because Rhode Island cannot solve our affordable housing problem without money, without change, and, without will,” said Reed.

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The RFP process will allow proposals to apply to multiple funding sources.

Proposals are due before 4:00 p.m. on Thursday, January 12, 2023.