Residential Properties Ltd. to Donate Portion of All 2008 Sales to RI Community Food Bank

Posted by Julia McCann — January 27, 2008

PROVIDENCE, R.I. – (Jan. 28, 2008) – Residential Properties Ltd. today announced that they will donate a portion of each closed sale in 2008 to the Rhode Island Community Food Bank.Sally Lapides, President and CEO of Residential Properties Ltd., was initially inspired to support the food bank after watching “The Pursuit of Happyness,” a 2006 film starring Will Smith. Based on the story of Chris Gardner, a San Francisco salesman who finds himself homeless, the movie shows how a man who, through self-confidence and love for his young son, perseveres and becomes a Wall Street legend.“As soon as I finished crying, I went online and made a donation,” said Lapides.Lapides was further inspired when she saw Bob Jaffe perform in a one-man show, “But For the Grace…Voices of Hunger,” which showed at the Pell-Chafee Center at Trinity Rep in September 2007.The play, written and directed by David Eliet, is a commission from the Rhode Island Community Food Bank and tells stories of people who live with hunger as a part of their lives.“It is our job as real estate agents to be committed to making improvements in our community,” said Theresa Level, a real estate agent with Residential Properties Ltd. who has been with the company since 2004. “Our dedication in 2006 to fundraise and build a home for a habitat for humanity family was not unlike our commitment this year to feed Rhode Island’s hungry families.”A recent USDA statistical study on food insecurity shows that over 17% of Rhode Island’s children, 1 out of every 6, are at risk of not knowing where their next meal will come from.“We opened our doors just before the foodbank did in 1982,” said Lapides. “We feel so grateful and lucky for our own good fortune and we are happy to share some of that with the food bank in celebration of their 25th year.”ABOUT RESIDENTIAL PROPERTIESResidential Properties Ltd. has been serving sellers and buyers of distinctive properties since 1981 through remarkable service, convenience, and by saving clients much of the time and stress involved in a real estate transaction. The Company has seven offices located in Barrington, Cranston, Cumberland, East Greenwich, Newport, Providence, and Narragansett and services all of Rhode Island, the Connecticut shoreline and southeastern and central Massachusetts. Their award winning relocation department services buyers and sellers throughout the country.About the Rhode Island Community Food BankFor 25 years, the Rhode Island Community Food Bank has worked to ensure that every Rhode Islander has access to the healthy, nutritious food they need. The Food Bank distributes approximately eight million pounds of food to Rhode Islanders in need through a network of over 300 member agencies. For more information about the Food Bank, please visit

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