Homeownership - Providence Business News

DECISION TIME: Providence Mayor Jorge O. Elorza, seated, and the City Council must decide on $10 million in recommended spending for the city’s racial reparations program. Elorza is pictured in February at the announcement of his creation of a panel that has made spending recommendations for the program.  COURTESY CITY OF PROVIDENCE

City must make clearer goals, scope of reparations program

Economy 09/02/2022

Proposed spending for Providence’s still-evolving racial reparations program includes several worthy suggestions. Among them, funding for homeownership, workforce training and support for small businesses. The...

Report: Providence has 3rd-smallest gender homeownership gap among large U.S. metros

Economic Activity 08/10/2022

PROVIDENCE – The capital region, including Cranston, Warwick and New Bedford, has the third-smallest gender homeownership gap among large metropolitan areas in the United...

A NEW REPORT released Friday by the United Way of Rhode Island and the Brown University School of Public Health notes that the rate of Black homeowners in Rhode Island lags behind the national average. / COURTESY UNITED WAY OF RHODE ISLAND

Report: Black homeownership in R.I. below national rate

Economic Activity 06/17/2022

PROVIDENCE – Even though approximately 3 in 5 Rhode Islanders own a home, the number of Black homeowners within the Ocean State is lower...

BankRI, Pawtucket Central Falls Development to host free, virtual homebuyer education...

Financial Services 06/06/2022

PROVIDENCE – Just in time for National Homeownership Month this June, Bank Rhode Island and Pawtucket Central Falls Development are again teaming up to...

RIHousing Loan Center Welcomes Elizabeth Gonzalez as Mortgage Originator

PBN Connect 06/18/2021

Elizabeth Gonzalez has been promoted to the position of Mortgage Originator in the RIHousing Loan Center. Elizabeth brings more than 15 years of experience...

Bank of America triples investment in homeownership grant and loan programs

Financial Services 02/11/2021

PROVIDENCE – Bank of America Corp. plans to triple the grants, low-interest loans and financial education programs for low- to moderate-income homebuyers, the bank...

Homeownership rebounds to 65% nationally, but lags for black, Hispanic families

Real Estate 03/05/2020

PROVIDENCE – A recent analysis of U.S. census information by the National Association of Realtors reveals that homeownership rates have rebounded to 65% across...

For blacks, housing crisis endures

Editorial and Op-Ed 08/16/2019

Here’s one way the 2008 financial crisis is still very much with us: For black Americans, homeownership is more out of reach than it...

RIHousing Loan Center Welcomes Gabriela Godoy as Mortgage Originator

People on the Move 07/09/2019

Gabriela (‘Gaby’) Godoy joins the RIHousing Loan Center with more than 15 years of experience in mortgage banking and loan servicing, with multilingual abilities....