News
Reed Announces Over $9.6 Million in Community Development Grants for Rhode Island
August 20, 2008 Posted by Rhode Island Real Estate
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
July 29, 2008 Posted by Rhode Island Real Estate
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 […]
Langevin Supports Housing Reforms
July 26, 2008 Posted by Rhode Island Real Estate
Warwick, R.I. - July 23, 2008 - Congressman Jim Langevin today again voiced his support for housing legislation that is designed to keep families in their homes and stabilize the housing market. Today’s legislation builds upon a similar bill passed by the House in May and now includes compromise language negotiated with the Senate, in addition […]
Rhode Island awarded nearly $2.2 million to create 16 affordable rental units in Providence
July 1, 2008 Posted by Rhode Island Real Estate
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 […]
Reed Announces Over $1.2 million for Hope VI Housing in Newport
July 1, 2008 Posted by Rhode Island Real Estate
WASHINGTON, DC — In an effort to continue the redevelopment of the former Tonomy Hill public housing project, U.S. Senator Jack Reed (D-RI) today announced that the Newport Housing Authority (NHA) will receive over $1.2 million for 90 rental vouchers to provide affordable housing for low-income families. Tonomy Hill is a mixed-income community in Newport’s […]
Senate Banking Committee Approves Plan to Stem Tide of Foreclosures and Create Affordable Housing
June 2, 2008 Posted by Rhode Island Real Estate
WASHINGTON, DC -May 20, 2008 - The Senate Banking Committee today gave its stamp of approval to the Federal Housing Finance Regulatory Reform Act of 2008. This legislation will create and permanently fund a program to build and preserve affordable housing; allow an estimated 500,000 families to refinance into 30 year fixed mortgages with FHA […]
Langevin Aims to Close Homeland Cyber Gaps
May 16, 2008 Posted by Rhode Island Real Estate
Warwick, R.I. - May 7, 2008 - Congressman Jim Langevin today introduced the Homeland Security Network Defense and Accountability Act of 2008 (H.R. 5983), a bill designed to improve the cybersecurity posture of the Department of Homeland Security.
Reed Announces Over a Quarter Million in Federal Housing Aid for Rhode Island’s Homeless Veterans
May 12, 2008 Posted by Rhode Island Real Estate
WASHINGTON, DC - May 5, 2008 - In an effort to help ensure that Rhode Island’s struggling veterans have access to safe, sanitary, and affordable housing, U.S. Senator Jack Reed (D-RI), today announced that the Providence Housing Authority (PHA) will receive $266,713 in federal funding to provide approximately 35 homeless veterans with permanent supportive housing.
Reed Announces $10.4 Million in Federal Housing Aid for Rhode Island
April 9, 2008 Posted by Rhode Island Real Estate
WASHINGTON, DC - In an effort to give more Rhode Islanders access to safe and affordable housing, U.S. Senator Jack Reed (D-RI), a member of the Banking Committee, which oversees federal housing policy, today announced that the state will receive a total of $10,466,846 in federal funding from the U.S. Department of Housing and Urban […]
Langevin’s Fire Sprinkler Amendment Passes
April 3, 2008 Posted by Rhode Island Real Estate
Warwick, R.I. - April 3, 2008 - Congressman Jim Langevin (D-RI) today introduced an amendment to H.R. 4847 – the U.S. Fire Administration Reauthorization Act of 2008. His amendment encourages the installation of fire sprinklers in commercial buildings and supports educational programs about residential sprinkler installation. The amendment passed by a voice vote.