Archives

March 17, 2011 - (RealEstateRama) -- Congressman Jim Langevin (D-RI) voiced strong objections to a bill brought forward by House Republicans today that threatens to eliminate resources that would create jobs and affordable housing in Rhode Island. The Neighborhood Stabilization Program (NSP) Termination Act (H.R. 861) would end a proven successful effort to revitalize neighborhoods, as well as save and rehabilitate buildings and foreclosed property. NSP has already resulted in 100 new homebuyers purchasing and restoring previously foreclosed properties in Rhode Island and 165 foreclosed homes being acquired for non-profit

WASHINGTON, DC - March 7, 2011 - (RealEstateRama) -- In an effort to protect consumers, increase transparency in the foreclosure process, and hold banks and servicers accountable for providing relief to qualified homeowners, U.S. Senator Jack Reed (D-RI) today introduced the Preserving Homes and Communities Act of 2011 based on similar legislation Reed introduced in 2009

February 24, 2011 - (RealEstateRama) -- General Treasurer Gina M. Raimondo today announced that the state’s annual Unclaimed Property list has been produced under budget this year. The list of 21,000 names, with total claims worth about $9.7 million, is also reaching Rhode Islanders earlier than in past years

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- Today, after the U.S. Treasury Department issued a white paper proposing several pathways to reform the mortgage markets, U.S. Senator Jack Reed (D-RI) issued the following statement

Providence, RI - February 9, 2011 - (RealEstateRama) -- Governor Lincoln D. Chafee today announced his plans to reactivate the Interagency Council on Homelessness (ICH), which establishes a mechanism for Cabinet- and Director-level staff to come together to discuss better coordination of state activities for housing and homelessness. The ICH also develops strategies to address the problems associated with homelessness, makes recommendations aimed at reducing the number of homeless people in Rhode Island, and promotes and supports development of permanent supportive housing

Cranston, RI - February 3, 2011 - (RealEstateRama) -- With forecasters predicting another significant winter weather event for Saturday, RI Emergency Management officials are warning that roof collapse incidents may increase

Providence - February 1, 2011 - (RealEstateRama) -- Lt. Governor Elizabeth Roberts, Chair of the Emergency Management Advisory Council, joins the Rhode Island Emergency Management Agency (RIEMA) in reminding Rhode Islanders that roof collapse continues to be of high concern. The amount of recent snowfall that is piling up could weaken roof structure and cause a collapse. Homeowners and business owners should be mindful of the risk of personal injury to themselves and occupants before removing snow from roofs. Consult a contractor or home improvement professional for help in assessing the need for snow remova

STATE HOUSE - January 17, 2011 - (RealEstateRama) -- The Senate Committee on Housing & Municipal Government will hold the second in a series of hearings on the homelessness crisis in Rhode Island on Thursday, January 20, from 4:30 to 6:30 p.m. in the Senate lounge

Boston, MA - January 11, 2011 - (RealEstateRama) -- Senior federal and state elected and environmental officials announced efforts to rebuild Rhode Island water treatment plants that were irreparably damaged last spring during devastating floods, with new treatment equipment to include state-of-the-art energy efficient and green technologies.

STATE HOUSE, Providence, RI - January 10, 2011 - (RealEstateRama) -- Senator John J. Tassoni, Jr. was reappointed Chairman of the Senate Committee on Housing yesterday, and immediately called a meeting of the Committee for next Tuesday to address the issue of homelessness in Rhode Island

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

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

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.

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.

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”