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Senator Presents Sue Bodington the Jack Reed Advocacy Award for Work on Affordable Housing;...

WARWICK, RI - March 29, 2013 - (RealEstateRama) -- Today at the Rhode Island Coalition for the Homeless annual awards luncheon, U.S. Senator Jack Reed presented Sue Bodington, Deputy Director for Programs at Rhode Island Housing, with the 2013 Jack Reed Advocacy Award for her deep and abiding dedication to promoting affordable housing and combating homelessness in Rhode Island for more than 30 years.

Rhode Island Looking Toward Long-Term Disaster Recovery

WARWICK, RI - March 28, 2013 - (RealEstateRama) -- Spring is just around the corner, and it is the ideal time to start home repairs. For many Rhode Islanders, this year's springtime repairs include repairing damages from Hurricane Sandy, the Blizzard of 2013, or other severe weather events

Senator Presents Sue Bodington the Jack Reed Advocacy Award for Work on Affordable Housing;...

WARWICK, RI - March 25, 2013 - (RealEstateRama) -- Today at the Rhode Island Coalition for the Homeless annual awards luncheon, U.S. Senator Jack Reed presented Sue Bodington, Deputy Director for Programs at Rhode Island Housing, with the 2013 Jack Reed Advocacy Award for her deep and abiding dedication to promoting affordable housing and combating homelessness in Rhode Island for more than 30 years

Ribbon cutting for 83 new homes celebrates major neighborhood revitalization in Providence’s West End

Providence, RI - March 11, 2013 - (RealEstateRama) -- Governor Lincoln Chafee, U.S. Senator Jack Reed and U.S. Senator Sheldon Whitehouse joined Omni Development Corporation, WinnDevelopment, Rhode Island Housing and other community partners including HUD, R.I.’s Housing Resources Commission, Rhode Island LISC and Bank of America Merrill Lynch today to celebrate the opening of a major revitalization effort on the sites of previously distressed and foreclosed properties in Providence’s West End

Reed Seeks to Stoke RI Job Growth and Renewable Energy

NORTH KINGSTOWN, RI - March 4, 2013 - (RealEstateRama) -- In an effort to create jobs in Rhode Island and strengthen America’s energy independence, U.S. Senator Jack Reed (D-RI) and a bipartisan group of U.S. Senators and U.S. Representatives are introducing legislation to provide financial incentives for the investment and production of offshore wind energy. The Incentivizing Offshore Wind Power Act would create an investment tax credit for the first 3,000 megawatts of offshore wind facilities placed into service, which is an estimated 600 wind turbines.

HUD ANNOUNCES FIRST ROUND OF ALLOCATIONS OF HURRICANE SANDY RECOVERY FUNDS TO RHODE ISLAND

WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- The Department of Housing and Urban Development today allocated over $3 million in Community Development Block Grant (CDBG) Disaster Recovery funding to Rhode Island, representing the first round of CDBG grants from the Disaster Relief Appropriations Act of 2013 signed into law by President Obama on January 29. This is the fastest HUD has allocated CDBG funding to grantees following the passage of a funding bill

AG Kilmartin Announces $375,000 to the Housing Network of Rhode Island for Homeowner Counseling...

WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- To support foreclosure remediation effort already underway in Rhode Island and educate new homeowners, Attorney General Peter F. Kilmartin announced a $375,000 grant to the Housing Network of Rhode Island. Funded through the National Mortgage Settlement between the five largest mortgage service providers and attorneys general nationwide, the grant will support three key areas: homeowner counseling, homebuyer education and outreach.

Loans are Key to Disaster Recovery for Many Rhode Islanders

WARWICK, R.I. - December 12, 2012 - (RealEstateRama) -- In-person help is available in Westerly to help homeowners, renters and businesses of all sizes that were affected by Hurricane Sandy with applications for low-interest disaster recovery loans from the U.S. Small Business Administration. SBA disaster recovery loans are the primary source of federal funds for long-term recovery.

FEMA Aids R.I. Renters

WARWICK, R.I. - December 6, 2012 - (RealEstateRama) -- Help from the Federal Emergency Management Agency is not limited only to homeowners. Renters, too, may qualify.

Attorney General Kilmartin Urges Congress to Extend Tax Relief for Distressed Homeowners

November 21, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin has joined a national effort by state and territorial attorneys general to urge Congress to extend tax relief for consumers who have mortgage debt canceled or forgiven because of financial hardship or a decline in housing values.

HUD SECRETARY ANNOUNCES FORECLOSURE PROTECTION FOR DISPLACED RHODE ISLAND STORM VICTIMS

WASHINGTON, DC - November 6, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Rhode Island and provide support to homeowners and low-income renters forced from their homes due to Hurricane Sandy.

Keeping Flood Clean-Up Efforts Safe

November 1, 2012 - (RealEstateRama) -- Many homes and businesses sustained water damage from Hurricane Sandy. Cleanup of flooding should start as soon as it is safe to do so. The Rhode Island Emergency Management Agency (RIEMA) reminds all Rhode Islanders of the following safety precautions to take

Reed’s Bill to Expand Housing Protections for Troops Advances in Senate

WASHINGTON, DC - September 14, 2012 - (RealEstateRama) -- U.S. Senator Jack Reed’s plan to help protect the financial well-being of thousands of U.S. troops and their families gained momentum this week when it received bipartisan approval from a key Senate panel. Yesterday, the Senate Committee on Veterans’ Affairs unanimously passed Reed’s legislation to expand mortgage and foreclosure protections for military families as part of the Servicemembers’ Protection Act.

Reed Announces $4.6 Million to Help Homeless

PROVIDENCE, RI - December 20, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that Rhode Island will receive $4.6 million in federal Continuum of Care funding to combat homelessness. These funds were made available through the U.S. Department of Housing and Urban Development’s (HUD) Supportive Housing and Shelter Plus Care programs, which supports a multi-layered approach to addressing the economic, physical, and social needs of struggling Rhode Islanders and helps them obtain housing and supportive services.

HUD SECRETARY TOURS OLNEYVILLE AND DISCUSSES NEW HOUSING REFINANCE PLAN AND NEIGHBORHOOD STABILIZATION EFFORTS...

Providence, RI - November 28, 2011 - (RealEstateRama) -- Today, U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan toured four Neighborhood Stabilization Program (NSP) properties on Hyat and Joslin Streets in the Olneyville neighborhood of Providence, RI. Secretary Donovan was joined on the tour by U.S. Senators Jack Reed and Sheldon Whitehouse, Congressmen Jim Langevin and David Cicilline, as well as Providence Mayor Angel Taveras. The tour was aimed at highlighting the success of neighborhood stabilization efforts as well as demonstrating how the American Jobs Act and Project Rebuild can help to revitalize neighborhoods, create jobs, and grow local economies throughout the Providence region. Additionally, the touring delegation discussed the new housing refinancing plan, which will provide a lifeline to many underwater borrowers and strengthen the U.S. housing market.

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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