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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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NeighborWorks America: New Northeast Regional Vice President

It gives me great pleasure to announce the appointment of Joan Straussman Brandon as Regional Vice President, Northeast Region for NeighborWorks America.

Joan Straussman Brandon, new regional VP of NeighborWorks America's northeast region Joan will oversee NeighborWorks America's operations in a 10-state area from Maine to Delaware, as well as Puerto Rico and the Virgin Islands. She will support the important work of the region's 70 network member organizations as well as direct our local partnership and collaboration efforts. Joan will lead an experienced team of 13 professionals from offices in New York City and Boston who are actively engaged with our network members in their communities.

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Providence Journal: Arts group describes plans for Providence’s Wedding Cake House

By Christine Dunn

Journal Staff Writer

The Dirt Palace feminist arts collaborative plans “to transform this important property into an artist-in-residence hub as well as a bed and breakfast for arts/culture tourists and researchers,” according to the West Broadway Neighborhood Association.

PROVIDENCE, R.I. — Two artists from the Dirt Palace feminist arts collaborative in Olneyville say they hope to complete renovations at the Wedding Cake House at 514 Broadway within 18 months.

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Providence Journal: Protesters: R.I. Housing aid should go to the poorest

By Christine Dunn

Journal Staff Writer

PROVIDENCE, R.I. — A group of about 10 people from the Tenant and Homeowner Association of DARE (Direct Action for Rights and Equality) came to protest at Thursday’s meeting of the Rhode Island Housing Board of Commissioners, but the group was welcomed into the meeting and invited to address members.

The DARE group said limited resources for housing assistance should be targeted to the lowest-income residents of Rhode Island, instead of being used to support others making near or above the area median income.

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JCHS: Growing Demand and Tight Supply are Lifting Home Prices and Rents, Fueling Concerns about Housing Affordability

CAMBRIDGE, MA – A decade after the onset of the Great Recession, the national housing market has, by many measures, returned to normal, according to the latest State of the Nation’s Housing report, being released today by the Joint Center for Housing Studies of Harvard University. Housing demand, home prices, and construction volumes are all on the rise, and the number of distressed homeowners has fallen sharply. However, along with strengthening demand, extremely tight supplies of both for-sale and for-rent homes are pushing up housing costs and adding to ongoing concerns about affordability. At last count in 2015, the report notes, nearly 19 million US households paid more than half of their incomes for housing.

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PBN: SWAP, R.I. Housing continue efforts to revitalize South Providence

By Liz Lee - June 13, 2017

PROVIDENCE – The nonprofit community development corporation Stop Wasting Abandoned Property in partnership with R.I. Housing, will commence “Revitalize Southside,” the next phase of its long-term plan to revitalize South Providence, it announced on Tuesday.

Revitalize Southside targets various neighborhoods in both upper and lower South Providence, including building rehabilitation on Somerset, Pearl, Providence, and Tanner Streets, and new construction on Arch, Bridgham, Lester, Broad, and Public streets, as well as Prairie Ave. The buildings and new developments include affordable housing, new commercial space for local businesses, and mixed-use community space.

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PBN: Sens. Reed & Whitehouse announce $25.5M in federal community-development funds for R.I.

PROVIDENCE – U.S. Sens. Jack F. Reed and Sheldon T. Whitehouse announced $25.5 million for Rhode Island in community-development and neighborhood revitalization funds for the fiscal year 2017 in a press release on Wednesday.

Full numbers for federal programs had not been previously announced because Congress did not pass a full-year budget until May 5.

The money comes from five federal funds, the Community Development Block Grant, the Home Investment Partnerships Program, the Emergency Shelter Grant, the Housing Opportunities for Persons with AIDS and the Housing Trust Fund. Each program is administered by the U.S. Department of Housing and Urban Development.

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HUD: Community Planning and Development Program Formula Allocations for FY 2017

The Fiscal Year (FY) 2017 budget for the Department of Housing and Urban Development has been enacted. These spreadsheets provide full-year allocations for the Office of Community Planning and Development's (CPD) formula programs: Community Development Block Grants (CDBG); HOME Investment Partnerships (HOME), Housing Opportunities for Persons with AIDS (HOPWA); Emergency Solutions Grants (ESG); and Housing Trust Fund (HTF).

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Office of PD&R, HUD: Assessment of ARRA Green and Energy Retrofits in HUD-Subsidized Housing

Authors: U.S. Department of Housing and Urban DevelopmentOffice of Policy Development and Research

Release Date: June 2017 (71 pages)

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RIH: Community Remote Net Metering 30MW Pilot Program Announcement

Dear Partners:

RIHousing is excited to be participating in a new energy program, the Community Remote Net Metering Pilot. Approved during last year's legislative session, the program allows non-profits and community members to "buy-in" to off-site or remote clean energy generation. Not only is this a potential operating cost savings opportunity, but it also does our part to reduce carbon emissions and contribute to the State's 80% GHG reductions by the 2050 goal. The clean energy produced will contribute to Governor Raimondo's initiative to reach 1000kw in Rhode Island by 2020.

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