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Rhode Island · November 3, 2026 general election · Statewide ballot measure

Question 2: what your vote means

Housing and homeownership. On every Rhode Island ballot. Official sources checked October 21, 2026.

Question 2 · General obligation bond referendum

Housing and homeownership

Official ballot title (quoted exactly)

2. HOUSING AND HOMEOWNERSHIP - $120,000,000 To increase and preserve the availability of affordable and accessible housing to meet the needs of all Rhode Islanders and support community revitalization through the redevelopment of existing structures, new construction, property acquisition, and infrastructure improvements. Of this amount, at least twenty-five million dollars ($25,000,000) shall be allocated towards increasing production of housing intended for homeownership and up to ten million dollars ($10,000,000) may be used to support a program for public housing development.

Ballot question as shown in the 2026 Rhode Island Voter Information Handbook, Secretary of State.

A YES vote means:

You support the State issuing $120,000,000 in general obligation bonds to increase housing and homeownership.

A NO vote means:

You are against the State issuing $120,000,000 in general obligation bonds to increase housing and homeownership, and these projects would not be funded through this borrowing.

What it would change

  • Uses: new construction, redevelopment, property acquisition, and infrastructure; at least $25 million for homeownership housing and up to $10 million for public housing development.
  • Timeline: projects expected to begin by 2028 and finish between 2029 and 2032.
  • Repayment: the State pays back the amount borrowed, with interest, over time.
  • Fiscal impact: The Voter Information Handbook estimates a total cost of $192,586,000: $120,000,000 in principal plus $72,586,000 in interest, assuming 20-year bonds at 5% interest with level payments (including issuance costs of 0.4% of principal).

Who supports it and who opposes it

These lists come from official campaign filings (registered committees) and public endorsements, each linked to its source. They are not complete, and SaveYourState does not endorse anyone listed. Lists checked October 30, 2026.

Official sources

SaveYourState is independent and nonpartisan, not a government site, and does not take positions on ballot measures. This explainer describes effects only, using the official ballot title, explanatory statement, full text, and fiscal impact statement. If anything here differs from those documents, the official documents control.