RI Non-Profit Wins $81,000 Community Development Grant

PROVIDENCE, RI - August 8, 2012 - (RealEstateRama) -- Capital Good Fund (CGF), a non-profit financial services organization based in Providence, will receive an $81,273 Community Development Financial Institutions Technical Assistance grant to help revitalize low-income communities in Providence and better serve all of Rhode Island.

RI Receives Almost $12.7 Million to Improve Affordable Housing

WASHINGTON DC - July 14, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that twenty-five Rhode Island cities and towns will receive a total of nearly $12.7 million in federal funding to develop, finance, and/or modernize public housing in their communities. The grants are awarded through the U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund Program.

Reed Announces Additional $138,000 HUD Grant to Help More RIers Achieve Self-Sufficiency

WASHINGTON, DC - May 19, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that several communities throughout the state will receive $138,735 in federal funding to help more Rhode Islanders develop job skills and achieve economic independence.


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

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.

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.

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 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.

RI Receives $5.5 Million for Community Services Block Grant Program

Warwick, R.I. - April 7, 2009 - (RealEstateRama) — Congressmen Patrick J. Kennedy and Jim Langevin announced today that Rhode Island will receive $5,527,291 for the Community Services Block Grant (CSBG) program.

44 Million in Federal Funding On Its Way to Help RI Weatherize Homes, Improve...

Washington, DC - March 12, 2009 - (RealEstateRama) — Rhode Island’s Congressional Delegation today announced that Rhode Island will receive $44,033,615 in weatherization and energy efficiency funding, including $23.96 million for the State Energy Program (SEP) and $20.07 million for the Weatherization Assistance Program (WAP).

Rhode Island awarded $1.6 million in AHP funding

BOSTON - December 9, 2008  - (RealEstateRama) – The Federal Home Loan Bank of Boston (the Bank) awarded nearly $1.6 million as a grant, loan,...

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).

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

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...


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


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