Rhode Island Increases Housing Production by 150% Amid Shortage Crisis
Rhode Island has reported a significant 150% increase in housing production over the past five years, driven by reforms and substantial state investment aimed at addressing a severe housing shortage. The state issued 3,778 permits for home construction in 2025, marking the highest number of units approved in a single year since the late 1980s. This increase is part of a broader strategy to permit an additional 15,000 new housing units by 2030. The state has been ranked last in homebuilding and affordability, with a median listing price of $537,521 and a median household income of $80,791. Efforts include a $6 million fund to help residents repair homes, as many have elevated radon levels and carbon monoxide risks. Despite these efforts, the housing market remains sluggish, with only 911 home listings in February and 349 sales. 
