FirstHomes Tax Credits issued
which could generate an estimated $744,000 in federal income tax savings in the first year alone.
homebuyers provided with Extra Assistance
Recognizing that the down payment is often the biggest hurdle to buying a home, extra assistance loans cover down payment and/or closing costs
Provided special Down Payment Assistance to Homebuyers
First Down: 217 ($1.6M)
Spring7500: 621 ($4.7M)
in purchase-rehab (203k) loans to 51 first-time homebuyers
Rhode Island has the 4th oldest housing stock in the nation. 203k loans help buyers when the home of their dreams is a fixer-upper.
provided homebuyer education
participated in Homebuyer Education
Classes are offered in both English and Spanish.
– in-person: 1,547
– online: 1,933
Provided Continuing Education classes for 113 licensed realtors in partnership with the Rhode Island Association of Realtors (RIAR).
Launched in 2018, this partnership with RIAR ensures that realtors working in Rhode Island are informed about our first-time homebuyer offerings and LeadSafe Homes program.