News & Event
To achieve our mission we:
• Offer competitive and innovative single family and multi family lending programs.
• Provide housing related education to consumers and others.
• Finance development that builds healthy, vibrant communities.
• Invest housing grants and subsidies to Rhode Islanders with the greatest need.
Rhode Island Housing uses its resources to provide low-interest loans and grants to help Rhode Islanders find, rent, buy, build and keep a good home. Created by the General Assembly in 1973, Rhode Island Housing is a privately funded public purpose corporation.
Rhode Island Housing requires its employees to be highly motivated and knowledgeable, have a sound understanding of the changing needs of Rhode Island's housing market, be willing to work within and toward a smoothly integrated operation, demonstrate a commitment to serve the people of Rhode Island, especially those with low and moderate incomes in need of safe and affordable homes, and possess a high level of integrity and a deep respect for all Rhode Islanders, including customers, partners and fellow employees.
Typical developments are characterized by complex, multi-source financing involving taxable or tax exempt bond financing, housing tax credits, federal HOME funds, and other debt and equity sources. Given the highly negotiated structure of this financing and the wide range of clients with whom Rhode Island Housing works, excellent communications skills and an ability to work with a variety of constituents, including non-profit sponsors, for profit developers, investors, and public organizations, is essential.
Based on his/her area(s) of expertise and Rhode Island Housing's funding policies and priorities, the incumbent is assigned specific development proposals (including production proposals, loan restructurings and transfers of physical assets) to review, underwrite and close. At any given time, the incumbent works on 7 to 10 proposals with an average total development cost of between $2.5 million and $15 million. A sampling of specific activities is as follows:
Reviews and analyzes development proposals and makes recommendations for funding based on prudent credit and underwriting standards. This includes determining the completeness of the application and its compliance with applicable regulations and program requirements; evaluating site suitability, marketability, development team capacity and overall project feasibility; coordinating review of proposals with other staff to ensure underwriting issues are identified and addressed; consulting with local project officials, regulatory agencies and others, and working with applicant to resolve issues/deficiencies in funding proposals; preparing presentations for Board approval; drafting commitment letters; and monitoring/coordinating internal processes for loan closing.
Prepares correspondence, technical reports, status reports and schedules as required to implement and complete project assignments, and documents decisions and files.
Promotes Rhode Island programs by disseminating information to Rhode Island Housing clients through correspondence, meetings, and public forums in a timely, courteous and professional manner.
Participates in the development of new loan programs and revisions of underwriting guidelines and procedures in preparation of RFP's as assigned.
Performs special assignments in various program areas such as single-family construction loan program, federal tax credit programs, housing preservation, loan restructuring or financial/database modeling as assigned.
Because of the diverse nature of this position, incumbent prioritizes assignments to meet predetermined deadlines. While ultimate decision-making on project approval rests with others, poor underwriting judgments could have significant consequences on Rhode Island Housing earnings potential, bond/credit ratings and public perception.
Performs all functions necessary to review and analyze development proposals and makes recommendations for funding based on prudent credit and underwriting standards and Rhode Island Housing’s funding policies and priorities.
Performs necessary follow-up to correct errors or deficiencies in development proposals and prepares required file documentation in an accurate and timely manner.
Responds to inquiries regarding Rhode Island Housing funding programs in a timely, courteous and professional manner to promote a positive public image of Rhode Island Housing.
Performs specialized, technical, administrative and/or reporting functions in an accurate and timely manner to ensure compliance with appropriate guidelines/policies as assigned.
Minimum five years experience in commercial real estate lending and/or real estate development with concentration in underwriting, appraisal review, documentation and closing
Working knowledge of federal and state housing subsidy programs
Excellent communications, negotiations, analytical, supervisory, organizational, and problem-solving skills
Strong computer skills, including spreadsheet and report writing applications
Bachelors degree in business administration, real estate or related field (Masters preferred)
Rhode Island Housing is an EEO/AA employer committed to a diverse workforce.
Wednesday, November 1, 2017
2200 Southwood Drive, Nashua, NH
We invite you to be a part of the second New England Lead Conference taking place on Wednesday, November 1, 2017 in Nashua, NH. Hosted by the New England Lead Coordinating Committee, the conference will include a variety of educational sessions focusing on lead prevention, policy, model programs, outreach, the EPA’s Renovation, Remodeling and Repair Rule (RRP), lead abatement, compliance, and the economics of lead poisoning.
Read more >
October 4, 2017 in Events, Local Interest
The Narragansett Times: Dziobek steps down as Welcome House director
By KENDRA GRAVELLE Sep 29, 2017
SOUTH KINGSTOWN—When Joseph Dziobek accepted the position of executive director of Welcome House of South County nearly three years ago, he had expected the job would make for a simple transition into retirement.
But what was intended as a part-time gig turned into much more than that for Dziobek, who this week left his post.
“It’s been a challenge,” said Dziobek, whose last day on the job was Monday. “And it’s been very satisfying—I feel very close to the people who have been a part of it.”
Dziobek, 66, took the job at Welcome House after retiring from his career as CEO of Fellowship Health Resources. He said he intended only to stay for two or three years.
October 4, 2017 in Local Interest
Final Days to Register: 2017 Housing Fact Book Release
Date: Wednesday, October 11, 2017
Luncheon: 12:00pm - 1:30pm
Location: Rhode Island Convention Center, 1 Sabin Street, Providence RI
October 3, 2017 in Events, Local Interest
Rhode Island College: The Defamation Experience
Monday, October 30, 2017
5:00PM - Doors Open
6:00PM - Performance
SPONSORED BY: THE DIVISION OF COMMUNITY EQUITY AND DIVERSITY AND THE DIVISION OF STUDENT SUCCESS
THE PLAY * THE DELIBERATION * THE DISCUSSION
September 27, 2017 in Events, Local Interest
NLIHC: Sign Letters to Support Equitable Housing Recovery after Devastating Hurricanes
Help ensure that low income people and neighborhoods are treated fairly after Hurricanes Harvey, Irma, and Maria. A broad coalition of national, state, and local organizations is calling on Congress, FEMA, and HUD to ensure that the federal response to Hurricanes Harvey, Irma, and Maria is complete and equitable for everyone, especially families and individuals with the lowest incomes who are often the hardest hit by disasters and have the fewest resources to recover afterwards.
September 27, 2017 in Local Interest, National News
Roger Williams University: Social Justice Month Events
Thursday, Oct 19
Mary Tefft White Center
How Housing Works
4:00pm – 6:00pm
Sponsored by Housing Works RI and RWU Chief Diversity Officer
Keywords: socioeconomic status, race, jobs, housing, equity
Workshop with Brenda Clement, Director of Housing Works Rhode Island and Ame Lambert, RWU Chief Diversity Officer.
An overview of housing issues in Rhode Island and connections to the larger social justice agenda.
September 25, 2017 in Local Interest
Providence Journal: People on the move for the week of Sept. 17
Posted Sep 13, 2017 at 5:34 PM
Updated Sep 13, 2017 at 5:34 PM
Rhode Island LISC
Rhode Island Local Initiatives Support Corportation has welcomed two new employees. Jeremiah O’Grady, of Lincoln, joined LISC as program officer after spending more than 12 years at ONE Neighborhood Builders as real estate project manager and director of asset management and operations.
Liz Klinkenberg, of Warwick, was hired as communications director. She brings more than 15 years of public relations experience to her new position, including work for The Miami Herald and The Providence Journal.
The Providence American: Reed Announces $300k in Community Development Grants for NeighborWorks Affiliates
WASHINGTON, DC – In an effort to promote healthy, vibrant neighborhoods across Rhode Island, U.S. Senator Jack Reed today announced an additional $300,000 in federal funding for three Rhode Island-based affiliates of NeighborWorks America (NeighborWorks). These federal funds will help NeighborWorks Blackstone River Valley, ONE Neighborhood Builders, and West Elmwood Housing Development Corporation to provide affordable housing opportunities, generate job growth, and enhance economic stability for working families. Earlier this year, Senator Reed also helped to secure over $750,000 in federal funding for NeighborWorks affiliates in Rhode Island, bringing total NeighborWorks investment in the state to above $1 million for fiscal year 2017.
September 21, 2017 in Federal News, Local Interest
The Providence American: Providence Unveils PVD Gives Donation Station
PROVIDENCE, RI – Mayor Jorge O. Elorza today joined members of the City Council, public safety officials, and community leaders who have been named to the PVD Gives commission for the unveiling of the City’s first Donation Station at Kennedy Plaza. The retrofitted parking meter is one of ten stations that will be installed across the city to collect funds that will support local organizations that provide housing and services to those in need.
“PVD Gives and the new Donation Stations make it easier to give back,” said Mayor Jorge Elorza. “Our collective generosity can make all the difference in the lives of those striving to get back on their feet. I encourage visitors and residents to chip in and be part of the solution.”
September 21, 2017 in Local Interest
Providence Journal: Report: New England losing 65 acres of forestland per day
By Steve LeBlanc / Associated Press
Posted Sep 19, 2017 at 11:21 AM
Updated Sep 19, 2017 at 11:21 AM
BOSTON — New England has been losing forestland to development at a rate of 65 acres per day — a loss that comes at a time when public funding for preservation of open land, both state and federal, has also been on the decline in all six states.
That’s the conclusion of a report released Tuesday by the Harvard Forest, a research institute of Harvard University.
The study found public funding for land conservation in New England dropped by half between 2008 and 2014 to $62 million per year, slightly lower than 2004 levels.
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NORTH PROVIDENCE – BankNewport president and CEO Sandra J. Pattie has announced the appointment of Adriana I. Dawson, of North Providence, to vice president, community development officer.
She will be responsible for developing, implementing and administering strategic aspects of the bank’s Community Reinvestment Act Program, through building and maintaining relationships with community based, charitable and nonprofit organizations to ensure the bank meets the needs of the community and attains CRA compliance goals.
To view the complete article, visit The Valley Breeze
Courtesy of The Valley Breeze
March 19, 2019
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2019 Enterprise Community Partners, Inc. - Public Policy Office 10 G Street NE, Suite 580, Washington, DC 20002
Courtesy of Enterprise
Boston– October 30, 2017 – Santander US CEO Scott Powell today announced Santander’s “Inclusive Communities” plan, Santander Bank’s new $11 billion, agreement with the National Community Reinvestment Coalition (NCRC) to increase lending, community development, and charitable giving. The plan outlines Santander’s commitment to communities across its eight-state northeastern U.S. footprint for 2017 through 2021, during which time Santander will increase its Community Reinvestment Act (CRA) activity by 50 percent and triple its investment in charitable grants.
Over the next five years, Santander will provide:
- $4.2 billion in residential mortgage loans for low- to moderate income families
- $1.9 billion in small business lending
- $3 billion in community development lending
“This plan is the foundation of Santander’s approach to supporting the communities where we live and work,” said Powell, CEO of Santander US, the Bank’s U.S. holding company. “We recognize that Santander’s success is directly linked to the prosperity of our communities’ families, businesses and neighborhoods. By increasing lending, investments and financial education opportunities, we hope to boost the long-term economic success of low- and moderate-income individuals and neighborhoods.”
Powell announced “Inclusive Communities” at a meeting this morning in downtown Boston where he was joined by officials from the City of Boston, other public officials, and National Community Reinvestment Coalition (NCRC) President and CEO John Taylor.
"This is a good day for people in New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Delaware and my home state of Massachusetts,” said John Taylor, NCRC President and CEO. I want to applaud Santander for committing 11 billion in investments for underserved neighborhoods over the next five years. Santander’s leadership showed a special dedication to working with community leaders and better understanding the credit needs in the areas they serve. We are very pleased that this commitment, and especially the 10 new bank branches, will help individuals build wealth and neighborhoods build their economies."
“Inclusive Communities” was developed with significant input from and collaboration with more than 100 community-based organizations throughout the Bank’s footprint. Supported and facilitated by the NCRC, an extensive ten-month long process helped identify emerging community needs and strategies aimed at addressing the challenges faced by underserved communities in Santander’s key markets.
Read a in depth summary of Santander's "Inclusive Communities" agreement here
In addition to the Bank’s financial commitments, Santander is establishing a national Community Advisory Board (CAB) comprising representatives of not-for-profit community development organizations and financial inclusion advocates, as well as community development policy organizations, and representatives of local or state economic development or housing agencies. Members of the CAB are:
The Bank is also establishing statewide/regional advisory boards in its footprint to ensure ongoing community input and will be enhancing its current Community Development and CRA teams with the addition of 17 new positions in the coming years.
Local leaders applaud the agreement:
"ANHD applauds Santander for creating this new CRA plan. They listened to over 100 community based organizations to create a plan that is reflective of community needs throughout the bank's footprint, including New York City. We also appreciate the creation of national and regional community advisory boards, which put the structure in place to implement, monitor, and adjust the plan to ensure it has the greatest impact. We look forward to working with the bank to put this plan into action,” Benjamin Dulchin, Executive Director, Association for Neighborhood and Housing Development.
“New Jersey Citizen Action has had a longtime partnership with Santander Bank and its predecessor, Sovereign Bank. The bank's $11 billion commitment in mortgages, small business loans and community development lending will provide loans, access to capital and affordable housing for thousands of New Jerseyeans. I look forward to serving on the bank's National Community Advisory Board and working with Santander to ensuring that these dollars are reinvested in our communities,” Phyllis Salowe-Kaye, Executive Director, New Jersey Citizen Action.
“The effort behind this plan will ensure that those who live and operate businesses in developing neighborhoods can benefit, including immigrants and communities of color,” John Chin, Executive Director, Philadelphia Chinatown Development Corporation.
“As a leading Center for Independent Living for People with Disabilities in the greater Philadelphia Area, we applaud Santander's commitment to the community and our desire to increase affordable and accessible housing opportunities for the many Seniors and People with Disabilities who we serve throughout the region,” Thomas H. Earle, Esquire, Chief Executive Officer, Liberty Resources, Inc.
"Santander has had a long and impactful presence in the Greater Reading community. We look forward to continue working with Santander Bank and its team members in implementing this comprehensive plan, particularly in downtown Reading, where they have a large workforce and occupy almost 1/4 million sf of office space, in addition to having its name on the Santander Arena & the Santander Performing Arts Center," Edward Swoyer, President, Greater Berks Development Fund.
“This is an exciting and groundbreaking agreement that will improve our communities and transform lives. It demonstrates that banks and the communities they serve can thrive together when they work together. We congratulate Santander, NCRC, and the dozens of community based groups who worked so hard to make this happen,” Joseph Kriesberg, President & CEO, Mass. Association of Community Development Corporations.
“We believe this agreement with Santander Bank will go a long way in helping LMI communities in Waterbury CT. It provides a framework and capital for the hard-working people of the Northend section of town to rebuild a vibrant community,” Pastor Rodney Wade, President, Concerned Black Clergy Council of Waterbury.
“The Community Reinvestment Act is an important tool that empowers people in many ways. For example, the act can be used to conduct community development. As far as I am concerned, it protects LMI communities from senseless crime and violence,” Angela Mciver, Chief Executive Officer, Fair Husing Rights Center in Southeastern Pensylvania.
“This was a unique opportunity to work with fellow community organizations to determine priority needs and where we want Santander to direct their resources to help address those needs. It was also an opportunity for Santander to gain a better understanding of their community responsibility and measures needed to implement in the future. Represented organizations put a great deal of time and care into this process to ensure fairness and optimize outcomes for the communities we serve,” Majeedah Rashid, Chief Operating Officer, Nicetown Community Development Corporation.
"MAHA looks forward to continuing our partnership with Santander in reaching low- and moderate-income first-time homebuyers as we both seek to close the large racial wealth gap in Massachusetts", Symone Crawford, board president, Massachusetts Affordable Housing Alliance.
"Obviously, Home Ownership is the foundation upon which strong, thriving communities are based. We welcome the proactive steps being taken by Santander and we look forward to many years of success. Together, we can be the change that our communities need - one house at a time, one block at a time, one neighborhood at a time..." Stephen T. Gieringer, Executive Director, Neighborhood Housing Services of Greater Berks, Inc.
Partners in the Community Benefits Agreement:
Santander Bank, N.A. is one of the country’s largest retail and commercial banks with more than $79 billion in assets. With its corporate offices in Boston, the Bank’s 9,700 employees, more than 650 branches, 2,100 ATMs and 2.1 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) - one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe, and Latin America. It is managed by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com.
Santander Holdings USA, Inc. (SHUSA) is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) (Santander), one of the most respected banking groups in the world with more than 125 million customers in the U.K., Europe, Latin America and the U.S. As the intermediate holding company for Santander’s U.S. businesses, SHUSA includes six financial companies with more than 17,500 employees, 5.2 million customers and assets of over $135 billion. These include Santander Bank, N.A., one of the country’s largest retail and commercial banks by deposits; Santander ConsumerUSA Holdings, Inc. (NYSE: SC), an auto finance and consumer lending company; Banco Santander International of Miami; Banco Santander Puerto Rico;Santander Securities LLC of Boston; and Santander Investment Securities Inc. of New York.
van Beuren Charitable Foundation (vBCF) is a Rhode Island-based private family foundation dedicated to investing in the quality of life and quality of place on Aquidneck Island and surrounding communities. Guided by a Board of Directors comprised of van Beuren family members who have deep familiarity with the community, vBCF invests its grants across four portfolios that support Healthy Lifestyles for all residents, Strong Starts for children and youth, Community Prosperity generated by economic opportunity and planning for the future, and Excellence in the Commons - those shared landscapes and built environments critical to quality of life and quality of place.
In 2016, vBCF adopted a strategic framework that intentionally seeks connectivity between its priority program areas, supports learning and adaption, and increases emphasis on impact. As a place-based funder, the spirit of partnership with our grant partners is critical to our success.
Since its founding in 1986 by John A. and Hope H. van Beuren, the Foundation has made almost $100 million in grants and is one of the largest private foundations in Rhode Island. Its grantmaking and operations are guided by the core values of the van Beuren family: integrity, community, collaboration, leadership and innovation. The Foundation’s assets have grown from $100 million 2009 to $220 million in 2018. The Foundation is staffed by a small, dedicated team of professionals in a supportive, high performing culture that values collaboration, continuous improvement, and collegiality.
For more information on the van Beuren Charitable Foundation, please visit: www.vbcfoundation.org
The Positions and Context
In support of the connected portfolio approach, the grantmaking team operates primarily as generalists, working across the four portfolios. Each member of the team has their own unique experience and skills that they bring to bear in support of the whole team. The types of grants the foundation makes range from operating support, project/program, capital, and occasionally loans. The foundation’s grants support planning, implementation, and learning from the work. Because the foundation seeks to have an impact at the community level, we encourage and support collaboration when appropriate.
The work of vBCF is currently supported by a program officer (recently vacated), a grants and business manager, and a grants administrative assistant. We seek to fill the vacant program officer position and a newly created program officer position. The program officers report to the Executive Director, who also carries grants across the various portfolios. The program officers will help build and manage the grants pipeline, maintain communications with our grant partners, and articulate to our board and external partners what we learn from the initiatives we support.
van Beuren Charitable Foundation is guided by the strategic thinking and coaching of an engaged an knowledgeable board of directors.
The program officer responsibilities span planning and strategy, grantmaking, and relationships/leadership.
1. Work with the Executive Director and the grants team to coordinate the Foundation’s competitive grantmaking process and grants monitoring.
2. Work closely with community organizations, local leaders and other funders to identify opportunities for further investment, technical assistance and collaboration as they relate to the Foundation’s mission, funding priorities and interests.
Important Skills and Qualifications
Collaboration and Communication Skills
Working Conditions and Physical Effort
Compensation and Benefits
The Foundation offers competitive compensation, commensurate with experience, and an excellent benefits package. vBCF employment decisions are based on merit and business needs.
To apply please send PDF cover letter and resume to email@example.com with “PROGRAM OFFICER (Last Name)” in the subject line. Only applications submitted to this address will be considered. Applications will be treated in a confidential manner and considered on a rolling basis, with applications due no later than January 25, 2019.
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