Meet our 2026 Future of Rhode Island Scholarship Winners
FOR MEMBERS ONLY – WHAT’S HAPPENING at the RI STATE HOUSE
Overview of the House Finance Committee budget passed Friday night. by Lenette C. Forry-Menard, Esq. Champion Advocacy Associates and RIMBA's Lobbyist May 30, 2026 - Below is a general overview of the House Finance Committee budget passed last night. It leans heavily on the business general interests. If you wish to read the fiscal staff's changes document, you can find it … [Read more...]
MAA UPDATE: House Passes Amended Version of Bipartisan Housing Package
On Wednesday, , May 20, MBA’s President and CEO Bob Broeksmit, CMB, released the following statement after the House passed an amended version of the Senate-passed, 21st Century ROAD to Housing Act (H.R. 6644, as amended). The bill advanced with broad bipartisan support (396–13), marking a positive step forward for MBA and our members.This package, which was introduced (as a counterpoint to a March-passed Senate companion bill) late last week by House Financial Services Committee (HFSC) Chairman … [Read more...]
MAA Call to Action: Urge the House to Repair the Senate Housing Bill
5/5/26Why It MattersCongressional leaders continue to discuss the timing for next steps on a housing package that merges key elements of the Senate’s original ROAD to Housing Act with the House-passed Housing for the 21st Century Act. The full Senate passed its most current version of the package (H.R. 6644, as amended) on March 12, but four sections of the bill could unintentionally limit rental housing supply, reduce access to critical multifamily financing, add costly new requirements for … [Read more...]
MAA Update: MBA’s Broeksmit Offers Key Basel III Re-proposal Recommendations
WASHINGTON, D.C. (April 30, 2026) — On Tuesday morning, MBA President and CEO Bob Broeksmit, CMB, testified at a lengthy regulatory oversight hearing entitled, “Prioritizing Main Street: Evaluating the Impact of Capital Proposals on Economic Growth and American Communities,” before the full House Financial Services Committee. The hearing was focused primarily on a critical Basel III “Endgame” (“B3E”) re-proposal that was released by the Fed, OCC, and FDIC on March 19, 2026.Read … [Read more...]
Rhode Island Commerce Announces Launch of Grant Program to Help Reduce Small Business Energy Costs
FOR IMMEDIATE RELEASE Thursday, March 19, 2026PRESS CONTACT Giselle Mahoney Chief of Communications [email protected] 401-545-0626 PROVIDENCE, R.I. – March 19, 2026 – Secretary of Commerce Stefan Pryor and Rhode Island Commerce today announced the launch of the Small Business Energy Efficiency Program – a statewide grant program to help small businesses reduce their energy costs. The program is a partnership between Rhode Island Commerce, Rhode Island Energy, RISE … [Read more...]
Federal Banking Agencies’ Basel III Re-proposal Contains Numerous MBA Recommendations
3.19.26 - This morning, the Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) jointly released and adopted the long-anticipated Basel III Endgame re-proposal on bank capital requirements. The three-part proposal (Endgame; G-SIB surcharge; and standardized proposal for regional banks) has a 90-day comment period with a deadline of June 18, 2026. What they're saying: In a press statement, MBA President … [Read more...]
President Trump Issues Executive Orders on Mortgages, Housing Construction
(Friday, March 13) This afternoon, President Donald Trump signed two executive orders (here and here) that aim to remove regulatory barriers to housing construction and promote lower costs and increased access to mortgage credit. Fact sheets: President Donald J. Trump Removes Regulatory Barriers to Affordable Home Construction; President Donald J. Trump Promotes Access to Mortgage Credit What they're saying: In a press statement, MBA President and CEO Bob Broeksmit, CMB, said, "America's housing … [Read more...]
Providence City Council launches push to cap rent increases
Nish Kohli, Providence Journal | USA TODAY NETWORK The Providence City Council unveiled its proposal to place a 4% cap on annual rent increases for most rental homes – a simple measure that members say would help stabilize housing prices while ensuring fair returns for landlords. Grassroots organizers have spent years vying for rent stabilization in Providence and have finally gained ground with the council’s progressive membership, which believes rent stabilization is a key component of … [Read more...]
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