Rhode Island’s House GOP caucus asserted Wednesday that the state’s housing financing agency spends too much on administrative costs and not enough to create housing. The General Assembly created RIHousing as a quasi-public state agency in 1973 to finance housing. It is separate from the Executive Office of Housing created a few years ago with the goal of addressing the state housing crisis. As The Public’s Radio reported in 2021, critics say the state’s housing bureaucracy moves too slowly, especially in poorer communities. He said it is also worth considering whether Rhode Island Housing should be absorbed into the Executive Office of Housing.