Housing
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The city’s Department of Planning and Development received $3.9 million from the U.S. Department of Housing and Urban Development to protect city residents from the hazards of lead-based paint in their homes. more
Rhode Island communities made no progress toward increasing the affordability of housing last year, HousingWorks Rhode Island at Roger Williams University said Friday in its annual Fact Book. more
The share of mortgage lending to minority borrowers fell to at least a 14-year low as U.S. regulators struggle to ease credit to blacks and Hispanics shut out of the housing recovery. more
Home cash sales are continuing to fall each month nationwide, according to data firm CoreLogic, which released cash sales data on Tuesday. more
Providence and East Providence received more than $8 million in housing grants, according to a news release from U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Reps. James R. Langevin and David N. Cicilline. more
Cranston and Warwick are among the 50 best cities to live in, according to a survey by 24/7 Wall St. more
Purchases of previously owned U.S. homes unexpectedly rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers. more
Rhode Islanders had the largest share of residents living in poverty last year among the New England states, according to information from The Economic Progress Institute. more
Rhode Island Housing on Tuesday announced the launch of the agency’s FirstHomes Tax Credit program designed to help first-time homebuyers save as much as $2,000 annually on mortgage costs. more
Nearly $1 million in funding from the U.S. Department of Housing and Urban Development’s Family Self Sufficiency Program for 11 cities and towns was announced Friday during a visit from the U.S. Secretary of Housing and Urban Development Julián Castro. more
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