developed and preserved with Low-Income Housing Tax Credit (LIHTC) financing.
The LIHTC program is the primary federal program for the construction and rehabilitation of affordable apartments.
in Housing Trust Fund financing to 352 homes, serving extremely low-income households and persons with special needs
The HTF is an important source of financing for projects serving extremely low-income and very low-income families.
in state-bond Acquisition and Revitalization Program (ARP) funding to help stabilize communities by strategically targeting blighted and vacant properties.
in mortgage financing.
Provided funding to support the development of net-zero energy homes through the Zero Energy for the Ocean State (ZEOS) program,
a public-private partnership with the Rhode Island Office of Energy Resources (OER) and National Grid.
Funding recipients include: One Neighborhood Builders, Church Community Housing Corporation and Caldwell & Johnson.
Released a Request for Proposals for a new Workforce Housing Pilot program
to support the creation of rental homes for households earning up to 120% of Area Median Income (AMI).