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First Down Program Offers $7,500 Down Payment Assistance for
First-Time Homebuyers
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RIHousing recently launched its First Down program, which provides $7,500 in down payment assistance to eligible first-time homebuyers purchasing any home in one of six Rhode Island communities.
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RIHousing Invests Federal Funding to Attract Private Investments for Communities Across RI
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RIHousing recently announced the recipients of more than $2.4 million in federal HOME funding, as well as $2.9 million in federal Low Income Housing Tax Credits (LIHTCs) to provide rental and homeownership opportunities in rural, suburban and urban communities. The funding is targeted to the development of homes in Burrillville, Richmond, Charlestown, Barrington and Providence.
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RI-Refi Program Helps Homeowners Refinance into a New Home
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RIHousing’s new RI-Refi program is now available to help homeowners who owe more than the current market value of their home to refinance into a new loan. Eligible homeowners can get up to $75,000 (forgivable over three years) to reduce the amount owed on any mortgage.
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Housing Network of Rhode Island's “Friend of the Network” Award
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RIHousing’s Public Information Manager, Mary Kate Harrington, was presented with the “Friend of the Network” Award by the Housing Network of Rhode Island (HNRI). Mary Kate was recognized for her dedication and commitment ensuring that the public events of HNRI’s members were well-attended and flawlessly executed.
Congratulations on this well-deserved honor!
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