§ 45-53-15. Annual reports.
(a) The Rhode Island housing and mortgage finance corporation established pursuant to
§ 42-55-4 (the "corporationâ€�) shall provide the annual reports pursuant to subsections (b)
and (c) of this section to the speaker of the house, the president of the senate,
the division of statewide planning, and the secretary of housing. Reports shall be
made available on the corporation's website for a period of at least three (3) years,
and shall be deemed to be a public record. Reports shall be due on or before March
15, of each year, commencing in the calendar year 2023.
(b) <
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§ 45-53-15. Annual reports.
(a) The Rhode Island housing and mortgage finance corporation established pursuant to
§ 42-55-4 (the "corporationâ€�) shall provide the annual reports pursuant to subsections (b)
and (c) of this section to the speaker of the house, the president of the senate,
the division of statewide planning, and the secretary of housing. Reports shall be
made available on the corporation's website for a period of at least three (3) years,
and shall be deemed to be a public record. Reports shall be due on or before March
15, of each year, commencing in the calendar year 2023.
(b) Report on Rhode Island housing and mortgage finance corporation housing development
and preservation activity. This report shall include the following information:
(1) The identity of projects that have been provided funding by the corporation for housing
development or preservation and that closed on that financing by December 31 of the
previous calendar year;
(2) The total aggregate of funds, in dollar amounts, that have been provided to projects
by the corporation for housing development or preservation and that closed on that
financing by December 31, of the previous calendar year, as well as those amounts
disaggregated by each project; and
(3) The number of housing units that received funding from the corporation for housing
development or preservation that received a certificate of occupancy in the previous
calendar year, both in total and disaggregated by project.
(c) Report on tax payments made by affordable housing developments to municipalities pursuant
to § 44-5-13.11. This report shall include data aggregated by all the municipalities and disaggregated
by each individual municipality on the total amount of fees collected in the previous
calendar year by municipalities on any assessment and taxation made pursuant to § 44-5-13.11.
(d) With regard to the report in subsection (c) of this section, all municipalities in
the state shall annually submit to the corporation by January 15, of each year, the
total amount of fees collected in the previous calendar year by the municipality on
any assessment and taxation made pursuant to § 44-5-13.11 disaggregated by individual development.