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Providence Journal: R.I. Housing to launch new down-payment assistance program

By Christine Dunn

Journal Staff Writer

PROVIDENCE, R.I. — Rhode Island Housing plans to hold launch its “First Down” program Friday to offer offer down-payment assistance to eligible first-time home buyers. The program is designed for people buying homes in Rhode Island communities hardest-hit by the foreclosure crisis.

The down-payment assistance is available for buyers purchasing a one- to four-family home or condominium in one of the selected areas, and the property must be the buyer’s primary residence. Buyers must also obtain a Rhode Island Housing first mortgage through a participating lender or Rhode Island Housing.

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Federal Housing Finance Agency: Requests Public Input on Fannie Mae and Freddie Mac's Proposed Underserved Markets Plans for Duty to Serve Program

FOR IMMEDIATE RELEASE

5/8/2017

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced that it is requesting public input on Fannie Mae and Freddie Mac's (the Enterprises) proposed Underserved Markets Plans under the Duty to Serve program. Those plans were released today.

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The New York Times Magazine: How Homeownership Became the Engine of American Inequality

An enormous entitlement in the tax code props up home prices — and overwhelmingly benefits the wealthy and the upper middle class.

By MATTHEW DESMOND MAY 9, 2017

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Rhode Island Housing: Request for Proposals

Rhode Island Housing seeks proposals from qualified firms to develop an application for 2017 Capital Magnet Fund grant funding on behalf of the agency. The Capital Magnet Fund is an initiative of the Community Development Financial Institutions ("CDFI") Fund that provides grant funding on a competitive basis to support affordable housing and community revitalization projects for the benefit of low-income persons.

To view the full RFP, click here.

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FHLBB: Register for AHP Application training, June 7 and July 18!

Reminder: 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 (AHP) application opens on July 17th and closes on September 6th.

The trainings offer valuable information to help developers and sponsors with their funding applications. FHLBB also has webinars focused on their member financial institutions’ role in the AHP. FHLBB looks forward to seeing you this summer, and thanks you for your interest in the AHP.

The registration links are below:

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Roger Williams University: Today we commemorate 25 years as a university

Twenty-five years ago today, Roger Williams College became Roger Williams University. Since that time, we have come a long way as an institution of higher learning. This milestone provides us with an opportunity to both look back on the progress made and to give thanks to the people that have made that progress possible. So it is appropriate that the anniversary comes just one day after our Employee Service Recognition Program, which recognized the contributions and dedication of those who have worked here over the years.

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Rhode Island Housing: 2016 Annual Report: Housing Investment

Housing Investment.

Strengthening Our Communities.

Strengthening Our Economy.

2016 Annual Report

2016 was a record-breaking year for RIHousing. Under the leadership of Governor Gina Raimondo and the General Assembly, our state's economy continued to grow, and we are proud to say that RIHousing was a significant partner. In 2016, we had an overall economic impact of $657 million to the state's economy while putting Rhode Islanders to work.

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NLIHC: HUD Nominations

May 01, 2017

President Trump Nominates Pamela Patenaude as HUD Deputy Secretary 

The White House announced on April 28 its intention to nominate Pamela Patenaude to be deputy secretary of HUD. Ms. Patenaude is currently the president of the J. Ronald Terwilliger Foundation for Housing America’s Families. Previously, she served as the director of the Bipartisan Policy Center Housing Commission.

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Enterprise: Congress Reaches Deal on FY17 Spending Bill

May 1, 2017

Posted By: Clay Kerchof

Over the weekend, top congressional leaders and appropriators came to a bipartisan compromise on government funding for the remainder of the fiscal year, averting a government shutdown. The legislative text for the remaining eleven fiscal year (FY) 2017 appropriations bills that had not yet been finalized was released early Monday morning. Given its bipartisan nature, the omnibus package will likely be passed and signed into law before the end of the week when the current weeklong continuing resolution expires on May 5.

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Pro Bono Collaborative: Volunteer to Help Immigrant Families Complete Family Preparedness Plans

Training for New Volunteers and Pro Bono Attorneys

Thursday, May 4

3:30-5:30 pm

Calcutt Middle School

112 Washington Street

Central Falls, RI

Learn how to help immigrant families, with minor children, plan for the possibility of detention or deportation. After the training, volunteers can sign up to help at events in the community.

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