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GoLocal Prov: Providence Ranked Near Bottom for 1st Time Home Buyers

Tuesday, July 18, 2017

GoLocalProv Business Team

The City of Providence is ranked among the worst cities for first time home buyers.

According to a recent study completed by WalletHub, Providence ranks 218th out of 300 ranked cities in the United States.

Providence ranks at the near bottom for quality of life and affordability. Quality of life is scored on everything from crime to friendliness of drivers - see the methodology below.

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PBN: Reed announces nearly $500K in federal funding to encourage independent living in R.I.

PROVIDENCE – In an effort to ensure elderly and disabled residents receive health care, meals, transportation and other essential support services, U.S. Sen. Jack F. Reed recently announced $479,745 in federal funding will be disseminated in contract renewals for service coordinators in several Rhode Island communities. Administered by the U.S. Department of Housing and Urban Development, the Service Coordinator Program provides funding to employ service coordinators in assisted multifamily housing developments who connect residents to existing locally based programs and services.

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Providence Journal: Reverse mortgage help available to seniors facing foreclosure

By Christine Dunn

Journal Staff Writer

Posted Jul 7, 2017 at 8:30 AM

Rhode Island Housing has announced a new reverse mortgage assistance program to help senior home owners with reverse mortgages who are facing foreclosure.

The program offers up to $50,000 to eligible seniors with reverse mortgages who are behind on their property charges. The money can be used to pay property taxes, homeowners’ insurance and homeowners’ and/or condo association dues and other property-related charges.

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HUD: AWARDS $50 MILLION IN HOUSING COUNSELING GRANTS

HUD AWARDS $50 MILLION IN HOUSING COUNSELING GRANTS:

The U.S. Department of Housing and Urban Development (HUD) awarded on July 6, 2017, more than $50 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. HUD’s housing counseling grants and the additional funding they leverage will assist more than 1.4 million households find housing, make more informed housing choices, or keep their current homes. See list of all counseling agencies awarded funding today.

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HUD: Awards $127 Million To Protect Children and Families From Dangerous Lead and Other Home Hazards

Funding to make low-income housing safer and healthier

WASHINGTON - In a continuous effort to keep families and their children safe from lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $127 million to 48 state and local government agencies (see chart below).

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Rhode Island Housing: New Down Payment Assistance Program!

First Down Program Now Available

$7,500 in down payment assistance for eligible first-time homebuyers

A new down payment assistance program for first-time homebuyers in eligible communities.

Available in the following six communities: Cranston, East Providence, Pawtucket, Providence, Warwick and Woonsocket.

Learn More:

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Providence Journal: Concentrated poverty, concentrated problems

By Casby Harrison III

By now it is well known that a large contingent of South Providence opposes former Providence Mayor Joseph Paolino’s proposal to create 140 units of housing for the homeless at the former St. Joseph Hospital in zip code 02907.

The essence of these neighborhood concerns is that poverty is being concentrated in South Providence in a manner that is not occurring in other neighborhoods. Poverty is one thing, but concentrated poverty is an entirely different animal. The U.S. Census, HUD and a large body of social science literature define concentrated poverty as an area with 20 to 40 percent of the population living below the federal poverty line.

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2017 I'M HOME Conference - Providence

For the past 13 years, I’M HOME has convened a range of stakeholders interested in applying manufactured housing solutions to affordable housing challenges. Our annual conference brings together affordable housing developers, lenders, policymakers, industry experts, homeowners, community organizers and more. This year, we are gearing up for our best conference yet, at the Omni Providence Hotel in Providence, Rhode Island.

We look forward to the opportunity to network, learn and share best practices with you in October!

This website is under construction. Come back in May to register and learn more!

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Providence Journal: Providence Housing Authority relaxes rule against ex-convicts

By Christine Dunn - Journal Staff Writer

PROVIDENCE, R.I. — The Providence Housing Authority's board of directors has approved a proposal to ease the rules for allowing people with criminal histories to live in public housing.

PHA Executive Director Paul J. Tavares said Friday that the vote was unanimous, with the caveat that "management will closely monitor" the results of the policy changes, and the board will "revisit" its decision in one year. The new rules will go into effect once they are approved by the U.S. Department of Housing and Urban Development. Tavares said the HUD approval is expected by August.

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PBN: Pavilion Homes to replace former Roger Williams Housing Development in Lower South Providence

PROVIDENCE – The first phase of construction of two-family and single-family homes in Lower South Providence began in October, to be sold to homeowners who earn less than the median income in Rhode Island.

Pavilion Homes, an initiative of the Family Housing Development Corp. and Stop Wasting Abandoned Property, will be built on the site of the former Roger Williams Housing Development.

The first phase of the project will include five two-family homes and two single-family homes on Pavilion Avenue, Rugby Street and Byfield Street in Lower South Providence, according to a news release from the city of Providence.

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