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.
Reed Encouraged By Administration’s Efforts to Help Homeowners by Demanding More Accountability from Banks...
WASHINGTON, DC - July 10, 2009 - (RealEstateRama) – As foreclosure rates around the country continue to rise, it has become increasingly difficult for many homeowners seeking to modify their mortgages to get a hold of their loan servicers.
Governor Carcieri Hails Deepwater Wind Rhode Island Lease Agreement at Quonset Business Park
Providence, RI - June 30, 2009 - (RealEstateRama) - Governor Carcieri today hailed the Quonset Development Corporation Board of Directors’ approval of a development agreement to lease 117 acres to Deepwater Wind Rhode Island, LLC in the Quonset Business Park for the development of the company’s regional manufacturing facility and its regional development headquarters.
Legislation closing loophole in hurricane insurance rules signed into law
Providence, RI - June 25, 2009 - (RealEstateRama) — Legislation approved by the General Assembly -- to close a loophole in state law regulating hurricane insurance deductibles – has been signed into law and will, according to the bills’ prime sponsors, correct language that could have proved unnecessarily costly to Rhode Island homeowners.
Rhode Islanders Falling Prey to Mortgage Modification and Foreclosure Rescue Scams
Providence, RI - June 22, 2009 - (RealEstateRama) - Scams that promise to "rescue" troubled homeowners from foreclosure are popping up at an alarming rate nationwide. Here in Rhode Island, which is currently ranked 10th in the nation for foreclosure activity, distressed homeowners are at particularly high risk of predators.
RI Housing Project for Low-Income Seniors Honored
CHICAGO - June 10, 2009 - (RealEstateRama) – A Rhode Island affordable housing development designed to meet the needs of low-income seniors in and around North Smithfield has been recognized as one of the top projects in the country.
Legislation closing loophole in hurricane insurance rules signed into law
Providence, RI - June 10, 2009 - (RealEstateRama) – Legislation approved by the General Assembly -- to close a loophole in state law regulating hurricane insurance deductibles – has been signed into law and will, according to the bills’ prime sponsors, correct language that could have proved unnecessarily costly to Rhode Island homeowners.
Defendant Pleads Guilty to Wire Fraud Relating to Mortgage Fraud Scheme
Boston, MA - June 9, 2009 - (RealEstateRama) – Pasquale Scavitti, III, age 46, resident of Cranston, Rhode Island, pleaded guilty today to Wire Fraud. Scavitti admitted that between 2003 and August 2008 he unlawfully diverted mortgage funds that were wire transferred into his client office account to his own personal benefit, resulting in losses in excess of $2.5 million.
