Rhode Island RealEstateRama
Rhode Island Housing provides relief to Rhode Island homeowners
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
New Homes in Warwick for Rhode Islanders with Disabilities
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.
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.
Two Rhode Island Housing Programs Receive National Recognition
Providence, RI - October 8, 2010 - (RealEstateRama) -- Two innovative Rhode Island Housing programs, Opening Doors: Re-entry Housing and FirstHomes100+, have been awarded Program Excellence Awards from the National Council of State Housing Agencies (NCSHA).
RI to Receive an Additional $22.8 Million in Foreclosure Prevention Assistance
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”
Former Navy Housing Site Begins Transformation
North Kingstown, RI - August 16, 2010 - (RealEstateRama) -- Crossroads Rhode Island and Rhode Island Housing, along with U.S. Senator Jack Reed, U.S. Representative Jim Langevin, and their community partners, celebrated the beginning of the redevelopment of a former Navy housing complex in North Kingstown
Reed, Whitehouse and Rhode Island Housing Announce $13.57 Million in Help for Unemployed Rhode...
PROVIDENCE, RI - August 11, 2010 - (RealEstateRama) -- U.S. Senators Jack Reed and Sheldon Whitehouse and Rhode Island Housing today announced that Rhode Island will receive $13.57 million in funding to help unemployed Rhode Islanders pay their mortgages while they seek work.
Reed Announces $1.1 Million to Help Rhode Island Housing End Homelessness
Providence, RI - July 9, 2010 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) announced this week that two innovative homelessness programs run by Rhode Island Housing will receive $1.1 million in federal funding.
Rhode Island Real Estate Attorney Indicted in Schemes Netting $1.5 Million in Mortgages
PROVIDENCE, RI - June 18, 2010 - (RealEstateRama) -- A federal grand jury Thursday indicted a North Providence, Rhode Island real estate attorney on charges he falsified bank and federal tax documents, and lied about his income and assets, in obtaining more than $1.5 million in mortgages.
Rhode Island Housing and Partners Propose Foreclosure Relief Programs
Providence, RI - June 2, 2010 - (RealEstateRama) -- Thousands of Rhode Islanders who are struggling to keep their homes will be eligible for financial help from the U.S. Treasury by early autumn of this year.
RI Sells $144 Million In Bonds For Roads, Bridges and Housing
PROVIDENCE, RI - May 13, 2010 - (RealEstateRama) -- General Treasurer Frank T. Caprio announced that Wednesday's sale of Rhode Island General Obligation (G.O.) bonds was a tremendous success.
Homestar Mortgage Tops the List of Lenders Helping First-time Homebuyers
Providence, RI - April 28, 2010 - (RealEstateRama) -- Providence-based Homestar Mortgage has been named Rhode Island Housing’s top partner lender for 2009 and the first quarter of 2010.
HUD Secretary Donovan, Senator Reed Announce Recovery Act Funds To Retrofit Affordable Housing In...
WARWICK, RI - April 26, 2010 - (RealEstateRama) -- Today, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and Senator Jack Reed announced that over 100 apartments in Warwick, R.I.
New Campaign Empowers Rhode Island Homeowners to Combat Loan Modification Scams in 2010
Providence, RI - April 7, 2010 - (RealEstateRama) -- For the growing number of Rhode Island homeowners who face the possibility of foreclosure, a new public education campaign is providing vital information to guard against loan modification scams, find trusted help and report illegal activity to authorities.
RI to Receive $43 Million in Federal Aid for “Hardest Hit” Housing Fund
WASHINGTON, DC - March 29, 2010 - (RealEstateRama) -- At the request of U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI), the Obama Administration today announced they are expanding their “Hardest Hit” federal housing aid program to Rhode Island, providing an additional $43 million in foreclosure prevention funding throughout the state.
Langevin, Rhode Island Housing Host Foreclosure Counseling Workshop
WARWICK, RI -- March 26, 2010 - (RealEstateRama) -- Congressman Jim Langevin, in conjunction with Rhode Island Housing, will host a Foreclosure Counseling Workshop at the Community College of Rhode Island Liston Campus on Saturday, March 27.
Rhode Island Housing HelpCenter Wins Consumer Protection Award
PROVIDENCE, RI - February 17, 2010 - (RealEstateRama) -- Rhode Island Attorney General Patrick Lynch has announced that the Rhode Island Housing HelpCenter is a winner of a 2009 Justice Award in the category of Consumer Protection.
Rhode Island Housing’s Message to Homebuyers: Now is a Great Time to Buy, if...
Providence, RI - February 1, 2010 - (RealEstateRama) -- At a time when so many Rhode Islanders are in need of a safe, healthy home that they can afford, Rhode Island’s unsettled economy continues to be a strain on many.
Federal Funding to Bring Homes, Jobs and Mortgages to Rhode Island
Providence, RI - January 25, 2010 - (RealEstateRama) -- As Rhode Island and the rest of the nation continue to battle a troubled economy, the federal government is recognizing the important role that Rhode Island Housing and other Housing Finance Agencies (HFAs) throughout the nation are playing in the nation’s recovery efforts.
HUD awards grant to city of Providence Housing Authority to help public housing residents...
Washington, DC - January 20, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development recently awarded $68,000 to the Housing Authority of the City of Providence, Rhode Island to help public housing residents find jobs that lead them toward economic independence.
AG Lynch to eligible RI consumers of Countrywide’s shady sub-prime mortgage practices: Your checks...
Providence, RI - January 22, 2010 - (RealEstateRama) -- Attorney General Patrick C. Lynch is alerting Rhode Island consumers who qualified for a portion of the $547,000 in foreclosure relief funds resulting from his office’s settlement with Countrywide Financial Corp. that their checks are scheduled to be mailed to them on Feb. 12.
Langevin Meets Deputy HUD Secretary in Providence
WARWICK, RI - January 22, 2010 - (RealEstateRama) -- Congressman Jim Langevin and Ron Simms, Deputy Secretary at the US Department of Housing and Urban Development, will visit the headquarters of YouthBuild Providence and the Olneyville Housing Corporation to see the impact of American Recovery and Reinvestment Act (ARRA) funding this afternoon.
Assembly overturns veto of foreclosure information bill
Providence, RI - January 6, 2010 - (RealEstateRama) -- Homeowners facing foreclosure are often desperate for help, but don’t know where to turn.
Construction to Begin on Homes for Rhode Islanders with Disabilities
Warwick, RI - October 26, 2009 - (RealEstateRama) -- This morning, the House of Hope, Housing Resources Commission (HRC), U.S. Department of Housing and Urban Development (HUD), LISC, Corporation for Supportive Housing, the state Department of Mental Health, Retardation and Hospitals, and Rhode Island Housing broke ground on five new homes for Rhode Islanders with disabilities.
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.
Sweetbriar Now Home to Fourteen Working Families
Barrington, RI - October 13, 2009 - (RealEstateRama) -- This afternoon, Rhode Island Housing, East Bay Community Development Corporation (East Bay CDC), the state Housing Resources Commission (HRC), and other partners celebrated the completion of 14 new homes that working families in Barrington can afford to rent.
State and Local Governments Award Funds for Homelessness Prevention and Rapid Re-housing
Providence, RI - October 6, 2009 - (RealEstateRama) -- The State of Rhode Island, along with the cities of Providence, Pawtucket, and Woonsocket today announced the distribution of $6.9 million for the Homeless Prevention and Rapid Re-Housing Program through the American Recovery and Reinvestment Act (ARRA).
Former Johnston Woman Pleads Guilty to $1.7 Million Mortgage Fraud Scheme
Boston, MA - October 2, 2009 - (RealEstateRama) -- Lisa Torres, 40, formerly of Johnston, pleaded guilty today to a $1.7 million mortgage fraud scheme in which she purchased properties that had recently been foreclosed upon, and then used the names of straw purchasers in sham sales to finagle mortgage financing.
Reed Introduces Bill to Keep Families in Their Homes and Stabilize the Housing Market
WASHINGTON, DC - September 30, 2009 - (RealEstateRama) -- In an effort to curb record-high foreclosure rates across the country and stabilize the housing market, U.S. Senator Jack Reed today introduced legislation that will help keep families in their homes and prevent communities from deteriorating as a result of skyrocketing mortgage defaults.
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).