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R.I. Latinos burdened by housing costs, report says

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A new report says 71 percent of Latino households in Rhode Island rent their homes, compared with 40 percent of the state’s households overall. The report said home ownership is beyond the reach of many Latino families. Data from Roger Williams University’s Latino Policy Institute and HousingWorks RI released Wednesday show that one in three Latino renters in the state are spending more than half their incomes on housing. The groups said that the median income needed to purchase a single-family home in Rhode Island is nearly $62,000. The average income for Latino households is about $29,000.

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