In recent housing news, Rhode Island has introduced a pilot program aimed at promoting income-restricted homes in response to the median house price of $494,000 in the state. This initiative is designed to address affordability concerns and support individuals and families with lower incomes to access housing in the region.

Key points from the program include:
– Rhode Island’s median house price stands at $494,000
– The state has launched a pilot program to encourage income-restricted homes
– The initiative aims to improve housing affordability for lower-income individuals and families
– More information on this program can be found on the Weekly Real Estate News website.

You can read this full article at: https://wrenews.com/rhode-island-debuts-pilot-program-to-encourage-income-restricted-homes/

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.