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October 10, 2007

Federal money to help with home ownership

The federal government has awarded two Rhode Island organizations $213,547 to help homeowners, renters, buyers and homeless people make sound decisions about buying and keeping homes.

The Department of Housing and Urban Development has awarded the Rhode Island Housing and Mortgage Finance Corporation $164,624 and the Urban League of Rhode Island $48,923.

“These awards will help make certain that more families have access to housing counselors who can give them advice about how to find affordable rental units, purchase a home, and avoid foreclosure,” said Sen. Jack Reed, a member of the Senate Housing and Transportation Subcommittee, which oversees HUD.

“We need to ensure that families in Rhode Island can live in safe, high-quality, and affordable housing.”

Posted by Brandie Jefferson  at 1:38 PM | Permalink

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