It is hereby found and declared that the state is facing significant housing challenges, which must be addressed for the welfare of the state’s residents. The purpose of the Rhode Island low-income housing tax credit established pursuant to this chapter is to increase the development and availability of affordable housing in the state. History of Section.P.L. 2023, ch. 79, art. 6, § 5, effective June 16, 2023.
Rhode Island Legal Code