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More senior women in Rhode Island burdened by housing costs

More senior women “heads of households” own their homes today, but for those with a mortgage, the cost burden is high. A new infographic released today by HousingWorks RI at Roger Williams University (HWRI) and the Women’s Fund of Rhode Island offers a glimpse at Rhode Island households headed by women aged 65+.

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Q1 2014 Foreclosures in Rhode Island

HousingWorks RI today released its analysis of foreclosures in Rhode Island for Q1 2014. The report looks at the number of foreclosures in each of Rhode Island’s 39 cities and towns and offers regional comparisons.

Quick Glance Findings:

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Coventry Courier: HUD awards housing grant in RI

Funding intended to help Rhode Island families find and keep their homes

The U.S. Department of Housing and Urban Development (HUD) today awarded a $19,580 housing counseling grant to the Providence Housing Authority 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 nationwide find housing, make more informed housing choices, or keep their current homes.

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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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Providence Journal: SNAP shoppers in R.I. get big incentive for buying healthy fresh produce

By Lynn Arditi

Journal staff writer

Posted Jul 16, 2017 at 6:47 PM

Updated Jul 16, 2017 at 7:02 PM

In program run by the R.I. Public Health Institute, people receiving SNAP assistance earn credit for another dollar toward their next purchase — essentially doubling their benefits.

CENTRAL FALLS, R.I. — Inside the recreation room of a public housing complex, Olinda Vidinha hungrily eyed cartons brimming with fresh produce. Ripe cherry tomatoes. Brussel sprouts. Ginger root. Kiwis.

“I need vegetables,” she said, reaching for a box of organic mixed greens. “My fridge is empty.”

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The Valley Breeze: NeighborWorks wins $200K in AmeriCorps funding

WOONSOCKET – NeighborWorks Blackstone River Valley will receive $199,715 through Serve Rhode Island to support 20 AmeriCorps members who will provide housing assistance to economically disadvantaged renter households, many of whom are at-risk for homelessness, and transition them into safe, healthy, affordable housing.

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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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FHLBB: Register for AHP Application training - RI Training CANCELLED!

Federal Home Loan Bank of Boston has approximately $16.5 million available as grants and interest-rate subsidy to support the production and preservation of affordable housing initiatives.

The Affordable Housing Program application round opens on July 17. The round closes on September 6.

The trainings offer valuable information to help developers and sponsors with their funding applications.

We also have webinars focused on our member financial institutions’ role in the AHP.

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