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---
type: "Bill"
title: "AN ACT AUTHORIZING THE CITY OF PROVIDENCE TO ISSUE NOT TO EXCEED $25,000,000 GENERAL OBLIGATION BONDS AND NOTES TO FUND THE PROVIDENCE HOUSING TRUST FUND TO FINANCE AFFORDABLE MULTI-FAMILY HOUSING PROJECTS IN THE CITY"
description: "Authorizes the city of Providence to issue not more than $25,000,000 in general obligation bonds and notes to fund the providence housing trust fund to finance affordable multi-family housing projects in the city."
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2026"
identifier: "HB 7491"
citation: "Rhode Island HB 7491 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Ajello", "DeSimone", "Diaz", "Hull", "Kislak", "Lima", "Lombardi", "Perez", "Sanchez", "Slater"]
version_count: 1
action_count: 14
vote_count: 1
first_action: "2026-02-04"
last_action: "2026-06-19"
source: "openstates"
source_identifier: "ocd-bill/d90b3d79-8e41-448c-bd41-febae4486d66"
source_url: "https://status.rilegislature.gov/"
source_hash: "617c4cf49fddb8eda5007cfce26197362ebad7ac4f10b2bad36481be0f8bc2f5"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ri"]
---
# Rhode Island HB 7491 (2026) — AN ACT AUTHORIZING THE CITY OF PROVIDENCE TO ISSUE NOT TO EXCEED $25,000,000 GENERAL OBLIGATION BONDS AND NOTES TO FUND THE PROVIDENCE HOUSING TRUST FUND TO FINANCE AFFORDABLE MULTI-FAMILY HOUSING PROJECTS IN THE CITY
Authorizes the city of Providence to issue not more than $25,000,000 in general obligation bonds and notes to fund the providence housing trust fund to finance affordable multi-family housing projects in the city.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **7491** (committee substitute) — [source](http://webserver.rilegislature.gov/BillText/BillText26/HouseText26/H7491.pdf)
## Votes
- PASSAGE — **700** (pass) · lower
## Sponsors
- Ajello — primary (person)
- DeSimone — primary (person)
- Diaz — primary (person)
- Hull — primary (person)
- Kislak — primary (person)
- Lima — primary (person)
- Lombardi — primary (person)
- Perez — primary (person)
- Sanchez — primary (person)
- Slater — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-02-04** 02/04/2026 Introduced, referred to House Municipal Government & Housing `introduction, referral-committee`
- **2026-03-27** 03/27/2026 Scheduled for hearing and/or consideration (03/31/2026)
- **2026-03-31** 03/31/2026 Committee recommended measure be held for further study `committee-failure`
- **2026-05-01** 05/01/2026 Scheduled for consideration (05/07/2026)
- **2026-05-07** 05/07/2026 Committee recommends passage `committee-passage-favorable`
- **2026-05-10** 05/10/2026 Placed on House Calendar (05/14/2026) `reading-3`
- **2026-05-14** 05/14/2026 House read and passed `passage`
- **2026-05-22** 05/22/2026 Referred to Senate Finance `referral-committee`
- **2026-05-29** 05/29/2026 Scheduled for consideration (06/02/2026)
- **2026-06-02** 06/02/2026 Committee recommends passage in concurrence `committee-passage-favorable`
- **2026-06-05** 06/05/2026 Placed on the Senate Consent Calendar (06/09/2026) `reading-3`
- **2026-06-09** 06/09/2026 Senate passed in concurrence `passage`
- **2026-06-16** 06/16/2026 Transmitted to Governor `executive-receipt`
- **2026-06-19** 06/19/2026 Signed by Governor `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d90b3d79-8e41-448c-bd41-febae4486d66`. Confidence: reported (aggregated from official Rhode Island legislature records).