Blog Page 23

Rhode Island awarded $3.8 million for affordable housing to create 123 rental and ownership...

BOSTON, MA - November 29, 2007 - The Federal Home Loan Bank of Boston (the Bank) awarded $3.2 million in grants, loans, and rate...

Habitat Prison Partnership Teaches Women New Skills, Builds Confidence

Habitat for Humanity of Rhode Island – Greater Providence, Inc. and the Rhode Island Department of Corrections (RIDOC) have teamed up for the Habitat...

Reed Announces $255,000 to Help Sojourner House Assist Domestic Violence Victims

PROVIDENCE, RI, October 29, 2007 – In an effort to help support victims of domestic violence who have left their abusers, U.S. Senator Jack Reed (D-RI) today joined with Karen Allen, Executive Director of Sojourner House, and Judith Earle, President of the Board of Directors for the Rhode Island Coalition Against Domestic Violence, to announce a $255,000 federal grant for Sojourner House to expand its transitional housing program

$8.9 Million in Federal Aid for Rental Assistance and Affordable Housing Projects

Providence, RI, October 26, 2007  - In an effort to ensure that low-income seniors and people with disabilities have access to affordable housing and support...

Reed Receives 2007 Stewart McKinney Award for His Commitment to Ending Homelessness

WASHINGTON, DC, October 24, 2007 -- U.S. Senator Jack Reed (D-RI) received the 2007 Stewart McKinney Award from the National Law Center on Homelessness and Poverty (NLCHP) for his leadership in trying to end and prevent homelessness.

Rhode Island Receives Over $200,000 to Expand Housing Counseling Services

WASHINGTON, DC, October 9, 2007 – In an effort to help more Rhode Island families find and responsibly finance affordable housing, U.S. Senator Jack Reed (D-RI) today announced that Rhode Island will receive $213,547 in Housing Counseling Awards.

Historic Providence Mill Building Sold

BOSTON, Oct. 4 /PRNewswire/ -- The Brooks Company, A Boston-based real estate development and investment firm, has sold The Grant Mill building in Providence,...

5,860 Rhode Island Consumers are Eligible for $3.5 Million in Ameriquest Restitution

Director A. Michael Marques of the Rhode Island Department of Business Regulation and Attorney General Patrick C. Lynch announce that 5,860 Rhode Island Consumers...

Rhode Island Housing Announces Landmark Plan For Thriving Communities

PROVIDENCE, R.I. (August 28, 2007) - Rhode Island Housing announced plans for a revolutionary statewide development initiative – KeepSpace Communities. This comprehensive and cooperative...

Warren affordable housing project earns $180K grant

An affordable housing development in Warren has received a $180,000 state grant to develop reasonably priced rentals in a former downtown rectory. The Bristol-based...

Brookwood Announces the Purchase of Three Buildings in Middletown

Brookwood Financial Partners, L.P. (“Brookwood”) announced that its affiliate, Brookwood Real Estate Partners II, LLC (“BREP II”), has acquired three office properties containing an...

The spring was not all bad for the real-estate business

Real-estate agents had high hopes for this spring, typically their busiest season. There was a large inventory of homes on the market, prices had...

R.I. homeowners face phaseout of cesspools

Proposed tax hikes that would have made it more costly for people to sell real estate, obtain new mortgages or refinance existing ones failed...

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Rhode Island Treasury Reunited 8,860 People with $11.7 Million in Unclaimed...

The Office of Rhode Island General Treasurer Seth Magaziner reunited 8,860 people with $11.7 million in unclaimed property in the fiscal year that ended on June 30

Recent

Two Indicted in Sweeping Mortgage Fraud Investigations

A 14-count federal indictment filed in U.S. District Court in Providence charges two individuals, Hasan Hussain, 55, of Princeton, N.J., and Ricardo Abreu, 50, of Cranston, R.I., with allegedly participating in a conspiracy to defraud financial institutions, investors and financially distressed homeowners of at least 14 properties in Providence, Pawtucket and Cranston of fees, rental income, mortgage payment funds, property ownership and/or proceeds from the sale of their properties