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RI Housing launches $2M foreclosure-prevention program

PROVIDENCE – A $2 million program aimed at Rhode Island homeowners who are struggling to make on-time mortgage payments launched this week, according to...
IN AN AUDIT REPORT from the Office of the Special Inspector General for the Troubled Asset Relief Program, R.I. Housing is accused of $1.2 million in unnecessary spending from the Hardest Hit Fund.

Report: R.I. Housing unnecessarily spent $1.2M from Hardest Hit Fund

PROVIDENCE – R.I. Housing was included in organizations that misappropriated a collective $3 million in unnecessary expenses charged to the Hardest Hit Fund, a...
AN ASSISTANCE PROGRAM called “First Down” would grant a $7,500 down payment to first-time homebuyers in what Rhode Island Housing considers the six hardest-hit cities by the foreclosure crisis: Providence, Pawtucket, Woonsocket, Warwick, Cranston and East Providence., R.I. Housing announced Friday. /PBN FILE PHOTO/MICHAEL SALERNO

R.I. Housing introduces ‘First Down’ home-purchasing assistance program

Updated: 3:08 p.m. PROVIDENCE – An assistance program called “First Down” would lend a $7,500 down payment to first-time homebuyers, Rhode Island Housing announced Friday. The program...
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