- Associated Press - Wednesday, April 6, 2016

PROVIDENCE, R.I. (AP) - A new report says Rhode Island is falling woefully short when it comes to building enough new housing.

The HousingWorks RI report released Wednesday says about 3,500 units of new housing a year are needed to meet the needs of Rhode Islanders through 2025.

Yet current housing construction rates are only about one-third of what is needed.

The study was commissioned by Rhode Island Housing.

Shortages are expected to hit young people and retirees particularly hard.

Nicolas Retsinas, chairman of Rhode Island Housing’s Board of Commissioners, says without more housing, more Rhode Islanders will be forced to live in overcrowded homes and spend an increasing portion of their incomes on housing, leaving less for food and other necessities.

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