Rhode Island Designates $500,000 toward Energy-Savvy, Income-Limited Residences

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Welcome to the Future of Affordable Energy-Efficient Housing

According to the latest news from our sources, Rhode Island has earmarked a sum of $500,000 for four innovative housing projects. These groundbreaking projects, located in Providence, Tiverton, and Hopkinton, integrate energy efficiency with income-based housing. The project range includes both apartment buildings and single-family homes, forging the path towards a future of zero-energy buildings as defined by the U.S Department of Energy.

The Providence Initiative

In Providence, the state’s capital, two initiatives are off the ground with an investment for a total of 242 units. Crossroads Rhode Island, the pioneering organization behind the 176-unit apartment complex on Summer Street, received the maximum grant allotment of $250,000. This complex, designed for those earning 30% or less of the area median income (AMI), sets a benchmark with its integrated array of eco-friendly technologies like solar panels, heat pumps, and energy recovery ventilators.

The second initiative in Providence, smartly led by Pennrose LLC, involves a 66-unit apartment building targeting a wider economic bracket. Catering to those earning between 30% to 120% of the AMI, this project was supported with a funding sum of $97,000.

Moving Beyond the Capital

The green wave has swept beyond the bounds of Providence. In Tiverton, the local Church Community Housing Corporation has been at the forefront of innovation by creating net-zero homes. Two of these advanced residences are funded by a grant of $34,000 and are intended for individuals earning 80% of the AMI.

Over in Hopkinton, the tireless builders at Habitat for Humanity South County are erecting seven single-family houses. In line with the income-based mission, these sustainable homes are for those earning 80% of the AMI and have been bestowed a grant total of $119,000.

The Future is Zero Energy and Renewable

The U.S Department of Energy defines zero-energy buildings as buildings that produce equal to or more than their consumed energy on an annual basis, primarily deriving this energy from renewable sources. The projects championed by Rhode Island’s Office of Energy Resources and RIHousing are testament to Rhode Island’s dedication to promoting affordable, scalable housing that meets rigorous energy efficiency standards. These are steps not just towards a sustainable regional future, but they also serve as a model for a global movement towards eco-friendly housing.

John Kerry

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