Rhode Island organizations, outstanding plans, and innovative individuals promoting the creation of long-term affordable housing were recognized last week at two important awards ceremonies.

Governor Lincoln D. Chafee and James DeRentis, Chairman of Rhode Island Housing's Board of Commissioners, co-hosted the 2012 Partners in Housing Awards. Recipients recognized for their collective contribution to addressing the housing needs of our state were:

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New evidence shows positive social and economic return on investment from the creation of long-term affordable housing.

Burrillville, Rhode Island's Clocktower Apartments, developed by NeighborWorks ® Blackstone River Valley, was the featured case study for the 2011 Advisory Council Annual Report from the Federal Home Loan Bank of Boston (the Bank). The report offers an in-depth look at the Bank's Affordable Housing Program (AHP) and its impact on local economies.

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Tomorrow: On Thursday, May 10th at 3 p.m., join Governor Lincoln D. Chafee and James DeRentis, Chairman of Rhode Island Housing's Board of Commissioners, as they co-host the 2012 Partners in Housing Awards Ceremony.

The awards honor, recognize, celebrate, and showcase the innovative work and many success stories associated with the creation of affordable homes in our state.

The event will be held in the State Room at the State House. For questions or more information, contact Marilena DiCristofano via email or by phone at 401-457-1135.

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HousingWorks RI extends a warm congratulations to our Board member David Caldwell, Jr. for being honored with a "40 Under 40" award from the United Chambers of Southern Rhode Island, a federation of five southern Rhode Island chambers of commerce.

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On Friday, May 11 beginning at 8 a.m., Grow Smart RI will host their 4th biennial Power of Place Summit - Beyond Austerity: Leveraging the Power of Place for a Stronger State Economy.

The Summit brings together nearly 500 business and civic leaders, state and local officials, developers, architects, community activists, real estate professionals, planners and more.

Attendees will hear about compelling trends driving the demand for smart growth; learn how developers, builders and municipalities are responding; participate in workshops; and celebrate the first-ever Smart Growth Award recipients.

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The state's Building Homes Rhode Island (BHRI) program is helping to alleviate the persistent need for long-term affordable rental homes in our capital city. Of the 1,061 long-term affordable apartments created state-wide with help from BHRI, 479 are located in Providence.

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New information shows that efficiencies in the state's Building Homes Rhode Island program are helping build another 57 long-term affordable rental and ownership homes.

We last reported that the state's Building Homes Rhode Island (BHRI) program had helped to fund the development of 1,255 long-term affordable rental and ownership homes across Rhode Island by the end of its four-year cycle in July of 2011. Thanks to a reallocation of funds realized through cost-efficiencies, BHRI has now supported the development of 1,312 long-term affordable rental and ownership homes.

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HousingWorks RI today released its third annual special report on foreclosures in Rhode Island. The report looks at the number of foreclosures in each of Rhode Island’s 39 cities and towns.

Key Findings:

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(The following is a press release from the Office of Senator Jack Reed)
MONDAY, MARCH 5, 2012

Reed Introduces Project Rebuild Act to Help Turnaround Vacant Homes and Businesses
New initiative could provide $33 million for RI to create jobs overhauling distressed neighborhoods and commercial properties

PROVIDENCE, RI - In an effort to create jobs, stabilize neighborhoods, and rehab vacant and foreclosed homes and businesses, U.S. Senator Jack Reed (D-RI) today joined officials from Rhode Island’s Office of Housing and Community Development; Rhode Island Housing; HousingWorks RI; and SWAP Inc. (Stop Wasting Abandoned Property) to lay out a another effort new plan to create jobs, stabilize neighborhoods, and rehab vacant and foreclosed homes and businesses.

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On Thursday, January 26th from 11:30 am to 1:15 pm, join the Greater Providence Chamber of Commerce for their Legislative Luncheon: A Forum for 2012.

Leaders from the Rhode Island Senate and House of Representatives will answer questions regarding the many critical issues facing the business community.

This event will be held at the Rhode Island Convention Center 5th floor ballroom located at One Sabin Street in Providence.

Click here for more information on this event.

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