Yearly Archives: 2009

Construction to Begin on Homes for Rhode Islanders with Disabilities

Warwick, RI - October 26, 2009 - (RealEstateRama) -- This morning, the House of Hope, Housing Resources Commission (HRC), U.S. Department of Housing and Urban Development (HUD), LISC, Corporation for Supportive Housing, the state Department of Mental Health, Retardation and Hospitals, and Rhode Island Housing broke ground on five new homes for Rhode Islanders with disabilities.

HUD awards funding to housing counseling organizations in Rhode Island

Washington, DC - October 14, 2009 - (RealEstateRama) -- Families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $215,899 in housing counseling grants awarded to two agencies in Rhode Island by the U.S. Department of Housing and Urban Development.

Sweetbriar Now Home to Fourteen Working Families

Barrington, RI - October 13, 2009 - (RealEstateRama) -- This afternoon, Rhode Island Housing, East Bay Community Development Corporation (East Bay CDC), the state Housing Resources Commission (HRC), and other partners celebrated the completion of 14 new homes that working families in Barrington can afford to rent.

State and Local Governments Award Funds for Homelessness Prevention and Rapid Re-housing

Providence, RI - October 6, 2009 - (RealEstateRama) -- The State of Rhode Island, along with the cities of Providence, Pawtucket, and Woonsocket today announced the distribution of $6.9 million for the Homeless Prevention and Rapid Re-Housing Program through the American Recovery and Reinvestment Act (ARRA).

Former Johnston Woman Pleads Guilty to $1.7 Million Mortgage Fraud Scheme

Boston, MA - October 2, 2009 - (RealEstateRama) -- Lisa Torres, 40, formerly of Johnston, pleaded guilty today to a $1.7 million mortgage fraud scheme in which she purchased properties that had recently been foreclosed upon, and then used the names of straw purchasers in sham sales to finagle mortgage financing.

Reed Introduces Bill to Keep Families in Their Homes and Stabilize the Housing Market

WASHINGTON, DC - September 30, 2009 - (RealEstateRama) -- In an effort to curb record-high foreclosure rates across the country and stabilize the housing market, U.S. Senator Jack Reed today introduced legislation that will help keep families in their homes and prevent communities from deteriorating as a result of skyrocketing mortgage defaults.

HUD awards more than $4 million in Recovery Act grants to support community development...

Washington, DC - September 23, 2009 - (RealEstateRama) -- In the Obama Administration's continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $4 million to five Rhode Island communities, plus the State of Rhode Island, through the American Recovery and Reinvestment Act of 2009 (Recovery Act).

HUD announces $3.1 million in Recovery Act funding to prevent homelessness in Rhode Island

Washington, DC - September 23, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded more than $3.1 million in Recovery Act funding to two communities in Rhode Island.

Governor, RIDOT, RIEDC, And City Of Providence Release I-195 Surplus Land Report

Providence, RI - September 2, 2009 - (RealEstateRama) -- The Office of Governor Donald L. Carcieri, the Rhode Island Department of Transportation (RIDOT), the Rhode Island Economic Development Corporation (RIEDC), and the City of Providence have released the “Rhode Island Interstate 195 Relocation Surplus Land: Redevelopment and Marketing Analysis.”

Rhode Island Housing Welcomes New Board Chair

Providence, RI - August 27, 2009 - (RealEstateRama) -- Today, Mark R. Noble, Vice President of Commercial Real Estate for Citizens Bank, officially assumed his role as chairperson of Rhode Island Housing’s Board of Commissioners. Noble takes over for Anthony Marouchoc, who retired after serving as the Board Chair of the agency for six years. Noble has over 30 years experience in the Rhode Island banking and mortgage finance industry.

HUD announces more than $4 million for affordable housing and community development in Rhode...

Washington, DC - July 23, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Cranston, Warwick, and Woonsocket will receive a total of more than $4 million to support community development and produce more affordable housing.

Partners Celebrate the Completion of New Homes for Disabled Veterans

Providence, RI - July 27, 2009 - (RealEstateRama) -- U.S. Senator Jack Reed and Providence Mayor David Cicilline joined Operation Stand Down, Rhode Island Housing, the U.S. Department of Housing and Urban Development (HUD), the Housing Resources Commission (HRC) and the state Department of Mental Health, Retardation and Hospitals to celebrate the completion of new homes for disabled veterans.

HUD charges Rhode Island landlord and realty company with violating Fair Housing Act

WASHINGTON, DC - July 21, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it has charged a Cranston, Rhode Island, landlord and real estate company with two separate acts of housing discrimination.

Reed Presses for Progress on Foreclosure Prevention Efforts

WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- With housing foreclosures and delinquencies on the rise, U.S. Senator Jack Reed (D-RI) today outlined steps to help struggling homeowners at a Banking Committee hearing on “Preserving Homeownership: Progress Needed to Prevent Foreclosures.”

Reed Announces $239K in Federal Housing Aid for Rhode Island’s Homeless Veterans

WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- In an effort to help Rhode Island veterans who sacrificed for the nation but are now struggling with homelessness, U.S. Senator Jack Reed (D-RI), today announced that the East Providence Housing Authority will receive $239,000 in federal funding to help provide homeless veterans with permanent supportive housing.

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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

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Langevin, Whitehouse Highlight Bill to Invest $170 Million in Fixing RI...

Congressman Jim Langevin and Senator Sheldon Whitehouse today joined with state, town, and labor officials by the Factory Bridge in West Warwick to call on Congress to pass the Strengthen and Fortify Existing (SAFE) Bridges Act. The SAFE Bridges Act was introduced in the Senate by Senator Jeanne Shaheen (D-NH), Whitehouse, and others last month and will be introduced in the House this week by Langevin. The bill would deliver up to $170 million to repair Rhode Island’s deficient and crumbling bridges and create construction jobs