Updated July 3 at 9:03pm
Housing
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Nicole Lagace last year stepped in to lead HousingWorks RI as interim executive director after former Executive Director Nellie Gorbea left. Lagace had spent four years in communications at the research group, developing the organization’s communication initiatives and managing public relations activities, including its annual Housing Fact Book and other special reports. more
Rhode Island has approved 23 projects for state historic preservation tax credits since temporarily reviving the program a year ago – none of them private mansions or social clubs. more
The Northeast regional Consumer Price Index rose 1.8 percent on a nonseasonally adjusted basis during the 12 months ended in July compared with the national consumer price increase of 2 percent, according to a report from the U.S. Bureau of Labor Statistics. more
The cost for a middle-income family to raise a child born last year to age 18 is $245,340, a 1.8 percent increase from the previous year and the smallest jump since the financial crisis, according to the government. 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
The $1,500 tax credit adjunct university professor Scott Wade expects to claim next year as a result of Rhode Island’s new incentive for first-time homebuyers wasn’t the reason he bought a three-bedroom bungalow in Cranston last month. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
Arpin Van Lines was ranked second among the top three household goods carriers in the 20th annual Nationwide Relocating Employee Survey. more
Incomes have not kept pace with rental costs, leaving affordable rental housing out of reach for many Rhode Islanders, according to a new national report. more
Orders for business equipment rose in May for just the second time this year, indicating demand for American-made manufactured goods is stabilizing. more
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