Yearly Archives: 2010
RHODE ISLAND AWARDED $1.3 MILLION in funding
BOSTON, MA - December 24, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Boston announced that a North Smithfield initiative will receive nearly $1.3 million through its Affordable Housing Program. These funds, awarded as a grant, loan, and interest-rate subsidy, will be used to finance 38 units of affordable rental housing for households at or below 60 percent of area median income
Rhode Island Housing provides relief to Rhode Island homeowners
Providence, RI - December 8, 2010 - (RealEstateRama) -- With more Rhode Islanders coping with job loss or underemployed and with the cost of fuel continuing to increase, Rhode Island Housing is once again offering its Heating Assistance Program
New Homes in Warwick for Rhode Islanders with Disabilities
Warwick, RI - November 8, 2010 - (RealEstateRama) -- U.S. Senator Jack Reed and U.S. Representative Jim Langevin joined the House of Hope CDC, Rhode Island Housing and their community partners for a ribbon-cutting ceremony at the Thomas Wilbur Homestead this morning.
RI Non-Profit Wins $1 Million Affordable Housing Grant from Senator Reed’s Capital Magnet Fund
PROVIDENCE, RI - October 19, 2010 - (RealEstateRama) -- The Women's Development Corporation (WDC), a non-profit developer and manager of over 1,000 housing units statewide, will receive a $1 million Capital Magnet Fund federal grant to leverage $24.5 million to develop 155 units of affordable housing and create construction jobs throughout Rhode Island.
Two Rhode Island Housing Programs Receive National Recognition
Providence, RI - October 8, 2010 - (RealEstateRama) -- Two innovative Rhode Island Housing programs, Opening Doors: Re-entry Housing and FirstHomes100+, have been awarded Program Excellence Awards from the National Council of State Housing Agencies (NCSHA).
RI to Receive an Additional $22.8 Million in Foreclosure Prevention Assistance
PROVIDENCE, RI - September 27, 2010 - (RealEstateRama) -- U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) and Congressman Jim Langevin (D-RI) today announced that Rhode Island will receive an additional $22.8 million in federal “Hardest Hit”
Former Navy Housing Site Begins Transformation
North Kingstown, RI - August 16, 2010 - (RealEstateRama) -- Crossroads Rhode Island and Rhode Island Housing, along with U.S. Senator Jack Reed, U.S. Representative Jim Langevin, and their community partners, celebrated the beginning of the redevelopment of a former Navy housing complex in North Kingstown
Reed, Whitehouse and Rhode Island Housing Announce $13.57 Million in Help for Unemployed Rhode...
PROVIDENCE, RI - August 11, 2010 - (RealEstateRama) -- U.S. Senators Jack Reed and Sheldon Whitehouse and Rhode Island Housing today announced that Rhode Island will receive $13.57 million in funding to help unemployed Rhode Islanders pay their mortgages while they seek work.
Reed Announces $1.1 Million to Help Rhode Island Housing End Homelessness
Providence, RI - July 9, 2010 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) announced this week that two innovative homelessness programs run by Rhode Island Housing will receive $1.1 million in federal funding.
Rhode Island Real Estate Attorney Indicted in Schemes Netting $1.5 Million in Mortgages
PROVIDENCE, RI - June 18, 2010 - (RealEstateRama) -- A federal grand jury Thursday indicted a North Providence, Rhode Island real estate attorney on charges he falsified bank and federal tax documents, and lied about his income and assets, in obtaining more than $1.5 million in mortgages.
Rhode Island Housing and Partners Propose Foreclosure Relief Programs
Providence, RI - June 2, 2010 - (RealEstateRama) -- Thousands of Rhode Islanders who are struggling to keep their homes will be eligible for financial help from the U.S. Treasury by early autumn of this year.
RI Sells $144 Million In Bonds For Roads, Bridges and Housing
PROVIDENCE, RI - May 13, 2010 - (RealEstateRama) -- General Treasurer Frank T. Caprio announced that Wednesday's sale of Rhode Island General Obligation (G.O.) bonds was a tremendous success.
Homestar Mortgage Tops the List of Lenders Helping First-time Homebuyers
Providence, RI - April 28, 2010 - (RealEstateRama) -- Providence-based Homestar Mortgage has been named Rhode Island Housing’s top partner lender for 2009 and the first quarter of 2010.
HUD Secretary Donovan, Senator Reed Announce Recovery Act Funds To Retrofit Affordable Housing In...
WARWICK, RI - April 26, 2010 - (RealEstateRama) -- Today, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and Senator Jack Reed announced that over 100 apartments in Warwick, R.I.
New Campaign Empowers Rhode Island Homeowners to Combat Loan Modification Scams in 2010
Providence, RI - April 7, 2010 - (RealEstateRama) -- For the growing number of Rhode Island homeowners who face the possibility of foreclosure, a new public education campaign is providing vital information to guard against loan modification scams, find trusted help and report illegal activity to authorities.
