Grants

Reed Announces Over $9.6 Million in Community Development Grants for Rhode Island

WASHINGTON, DC - August 14, 2008 - (RealEstateRama) — In an effort to revitalize local neighborhoods and provide more Rhode Islanders with safe and affordable housing, U.S. Senator Jack Reed (D-RI) today announced that Cranston, East Providence, Providence, Warwick, and Woonsocket will receive over $9.6 million in federal Community Development Block Grants (CDBG).  The CDBG […]

Senate Panel Approves $7.85 Million for Rhode Island in Transportation and Housing Spending Plan

WASHINGTON, DC (RealEstateRama) July 11, 2008 – U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) today announced that the Appropriations Committee has approved legislation including $4.7 million in funding for Rhode Island transportation, housing, and infrastructure improvement initiatives they requested as part of the 2009 Transportation, Housing and Urban Development (THUD) spending bill.  The […]

Rhode Island awarded nearly $2.2 million to create 16 affordable rental units in Providence

BOSTON — The Federal Home Loan Bank of Boston (the Bank) awarded nearly $2.2 million as a grant, loan, and rate subsidy to fund 16 units of affordable rental housing in Providence. Of that amount, nearly $800,000 is in the form of a grant and subsidy. In all, 28 initiatives received more than $17.5 million […]