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


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