RIHousing Recognizes Top-Performing Lender Partners of 2024

FOR IMMEDIATE RELEASE

PROVIDENCE, RI – RIHousing has announced its top lending partners for 2024. Despite the challenging housing market Rhode Islanders faced, RIHousing programs assisted 1,611 homebuyers in their homeownership journey last year, largely thanks to the hard work and dedication of the agency’s Participating Lenders. This resulted in the origination of $646 million in RIHousing mortgages.

“We are very proud to work with and recognize the top-performing Participating Lender and the highest-producing mortgage professionals for RIHousing,” said Peter Pagonis, Director of Homeownership at RIHousing. “They consistently deliver high-quality advice and service to Rhode Island’s first-time homebuyers.”

RIHousing ended 2024 with 68 Participating Lender partners who worked with the agency to spread awareness and information about its programs, including the popular Statewide Down Payment Assistance Grant, which closed in 2024 after helping 1,672 Rhode Islanders. The agency also offers ongoing programs to assist first-time homebuyers with the down payment and closing costs: 15kDPA and Extra Assistance. RIHousing lender partners are at the forefront of connecting homebuyers with these opportunities that can help qualified individuals and families secure a home.

For the fifth year in a row, Main Street Home Loans secured the spot as RIHousing’s Participating Lender of the Year. In 2024, their team helped 266 families achieve homeownership with our programs, originating more than $110 million in first mortgages, representing a year over year increase in volume. Main Street Home Loans is headquartered in Warwick, with offices in Wakefield, South Kingstown and Attleboro, MA.

Top Producing Loan Officers
RIHousing also recognized its top producing Participating Loan Officers, who set themselves apart and clearly demonstrated their commitment to an affordable housing path for Rhode Islanders. The number of mortgage loan originators able to offer RIHousing programs rose to more than 700 in 2024 – these top individuals are the leading consultants for homebuyers seeking homeownership with RIHousing programs:

Gold Partner: Mauricio Garces, Senior Loan Officer, Primary Residential Mortgage
Silver Partner: Wendy Posada, Senior Home Loan Consultant, Main Street Home Loans
Bronze Partner: Eric Maluk, Director/Branch Manager, Semper Home Loans

Our Gold Partner, Mauricio Garces, is no stranger to the winner’s circle: he’s been RIHousing’s Silver Partner three times (2023, 2022, 2020). In 2024 Mauricio assisted 54 families and originated $27 million in RIHousing first mortgages, an increase of $10 million in volume from his 2023 production. Mauricio can often be found in his Cranston office, assisting Spanish-speaking clients.

“I’m competitive and it has always been [my] goal to be number one,” said Mauricio. “I accomplished something as a personal goal, and I helped out even more people… Today I [had] a person come in that got a preapproval and they said they met me at the RIHousing homebuyer class last year [that] I taught. Not only did I get the customer [but] now it opens up new possible relationships with realtors and that is extremely beneficial to my business.”

Silver Partner Wendy Posada tied in 2023 for Gold Partner. In 2024 she originated more than $24 million in first mortgages with RIHousing, helping 53 families find a home in Rhode Island. Wendy focuses on assisting Spanish-speaking borrowers and splits her time meeting clients between the Main Street Home Loans headquarters in Warwick and her office in Attleboro, MA.

“RIHousing has been a great way to build my business and it’s been very organic. I’ve only been in the business for 6 years and I feel that this is quite an accomplishment for me,” said Wendy. “It gives me more motivation to keep going and to continue working with first-time homebuyers. Being from Columbia and coming from another country as a Latina to reach the American goal to get a house, just being able to be that person to help someone else to accomplish that goal is very rewarding. To be able to help people and they are very thankful, it becomes a very meaningful job.”

Eric Maluk, our Bronze Partner, originated more than $19 million in loans in 2024, helping 51 families achieve homeownership. Eric was also RIHousing’s Bronze Partner in 2021. In addition to helping first-time buyers, Eric spends his time managing Semper Home Loans’ Providence office and their extensive sales team.

“It adds value… whether a client that reaches out to us goes and looks at the website or I can tell a client I’m one of the top [lenders] for RIHousing,” said Eric. “The largest portion of my business is first-time homebuyers…The first time, they have no idea what they are doing from application to preapproval all the way through… I always tell them to ask all the questions because I rather you be fully informed and feel comfortable. I think you build a better bond with first time homebuyers – you get more referrals. Now you can work together, and they appreciate what you’ve done for them.”

Clear to Close Champion
Getting a Clear to Close is one of the most sought-after milestones for any mortgage loan transaction. Reaching the finish line with accuracy and timeliness requires a special skill that comes naturally to our 2024 Clear to Close Champion, James Kee of Semper Home Loans.

For the second year in a row, James submitted the highest number of loans that were cleared to close upon arrival at RIHousing. James is a long-time mortgage processor expert and works at the Semper headquarters in Providence.

“Getting this award is great and it just means that my team is doing well… I have a great relationship with [the] underwriters at RIHousing,” said James. “They work with me, they give me pointers… they are very helpful, and it makes a difference.”

In addition to 15kDPA and Extra Assistance, RIHousing also offers FirstGenHomeRI through its Loan Center, a program for qualified first-generation homebuyers. The agency also hosts free monthly virtual Homebuyer Education classes to inform customers and potential clients about the homebuying process.

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About RIHousing
RIHousing works to ensure that all people who live in Rhode Island can afford a healthy, attractive home that meets their needs. RIHousing provides loans, grants, education and assistance to help Rhode Islanders find, rent, buy, build and keep a good home. Created by the General Assembly in 1973, RIHousing is a self-sustaining corporation and receives no state funding for operations. For more information regarding RIHousing, visit RIHousing.com or follow us @RIHousing on Facebook, X (formerly Twitter), and Instagram.

Gold Partner: Mauricio Garces, Senior Loan Officer, Primary Residential Mortgage
Silver Partner: Wendy Posada, Senior Home Loan Consultant, Main Street Home Loans
Bronze Partner: Eric Maluk, Director/Branch Manager, Semper Home Loans

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RIHousing, Rhode Island Office of Energy Resources, Rhode Island Energy announce over $1.2 million in funding for development of energy-efficient housing

FOR IMMEDIATE RELEASE

PROVIDENCE, RI – RIHousing, the Rhode Island Office of Energy Resources (OER), and Rhode Island Energy announced the release of a Request for Proposals for the fourth round of funding from the Zero Energy for the Ocean State (ZEOS) program. This latest round offers over $1.2 million in funding to assist in the development of energy-efficient housing in Rhode Island.

“The ZEOS program continues to be a vital funding source for developers committed to building affordable homes in Rhode Island,” said Carol Ventura, CEO & Executive Director of RIHousing. “We’re proud to administer ZEOS alongside our program partners and remain dedicated to supporting the construction of energy-efficient developments throughout the state.”

ZEOS, a partnership program between RIHousing, OER and RI Energy, aims to support development teams that want to design and construct affordable, energy-efficient housing for low- and moderate-income Rhode Islanders. Zero Energy Buildings (ZEBs) are energy-efficient buildings with zero net energy consumption, meaning the total amount of energy used by a building on an annual basis is less than or equal to the amount of renewable energy created on the site. Including energy-saving technology — like air source heat pumps, solar arrays, and electric vehicle charging – help to make these homes truly affordable to the residents by drastically lowering utility costs.

“OER is committed to making investments in collaboration with RIHousing and RI Energy on energy efficient housing with our affordable housing community throughout Rhode Island,” said Acting Rhode Island Energy Commissioner Chris Kearns. “Energy efficient buildings provide long-term energy savings for households and contribute to the state’s energy emission reductions to meet our Act on Climate objectives.”

This fourth round of ZEOS funding is the highest yet since the program started in 2019. The most recent round, awarded in 2023, went to four developments across the state: Tempo and Summer Street in Providence, Sandywoods in Tiverton, and Cardinal Lane in Hopkinton. To date, ZEOS has supported the development of 418 net zero housing units.

“We take great pride in this effort, along with RIHousing and the OER, to support our communities as they pursue sustainable and efficient energy measures,” said Greg Cornett, Rhode Island Energy president. “The ZEOS program paves a path for more of our residential customers—including those of low and moderate incomes—to access the many benefits of energy efficiency.”

The over $1.2 million in funding is subject to availability. Submissions for this RFP will be accepted until April 7, 2025 via: https://osa.rihousing.com/funds/94. Total awards may not exceed $300,000 per project and are limited to $18,200 per unit for 1-4 family developments. Buildings must qualify as ZEB (according to US Department of Energy’s ZEB definition) and participate in RI Energy’s Residential New Construction Program.

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RIHousing Supporting Development of Accessory Dwelling Units Through 203(k) Loan Program

Opportunity for RI homebuyers and homeowners to create an additional dwelling unit on their property

FOR IMMEDIATE RELEASE

PROVIDENCE, RI – Last year the Rhode Island General Assembly passed, and the Governor signed, legislation to widen the net of qualified property owners who can add Accessory Dwelling Units (ADUs) to their homes. The bill was sponsored by Representative June Speakman and Senator Victoria Gu and spearheaded by House Speaker Joseph Shekarchi; it’s being supported by RIHousing’s Federal Housing Administration (FHA) 203(k) Loan program.

“Tackling the housing crisis takes a whole-of-government approach and bold strategies,” said Governor Dan McKee. “The loan program supports increased access to housing, which opens the door to better health outcomes and a stronger economy for Rhode Island. I’m proud to have worked with Speaker Shekarchi, Senate President Ruggerio, and the legislature on this important legislation.”

“Congratulations to RIHousing for developing this creative program to help homeowners and increase housing stock,” said House Speaker K. Joseph Shekarchi. “ADUs are a great way to increase density without changing the character of the surrounding neighborhood. I am thrilled that RIHousing is making it possible for more Rhode Islanders to benefit from the legislation we passed in the General Assembly.”

“I have spoken to homeowners in my area who want to renovate their garage or a space within their home into an ADU but don’t have the funds readily available, so I’m glad that RIHousing is supporting homeowners through the 203(k) financing program. ADUs offer the ‘missing middle:’ housing that is smaller, more affordable and smartly repurposes our existing buildings and garages. Whether homeowners use their ADUs to receive additional income through a long-term rental, or house a loved one, friend or onsite caregiver, it’s a win-win,” said Sen. Victoria Gu (D-Dist. 38, Westerly, Charlestown, South Kingstown).

“As the House sponsor of the ADU legislation, I have received many inquiries from constituents looking for help financing the construction of such accessory units,” said Rep. June Speakman (D-Dist. 38, Bristol, Warren). I am delighted that this program provides that needed assistance. ADUs are a great way to gently expand housing availability in our communities and an essential tool for addressing the housing needs of Rhode Islanders.”

RIHousing offers the FHA 203(k) Loan program to help Rhode Islanders take advantage of this financing opportunity. The program offers assistance to homebuyers or current homeowners who wish to renovate and/or expand their properties with an ADU. The addition of an ADU can mean multigenerational living on one property or a space to rent to generate additional income.

More on ADUs
ADUs are smaller, independent residential units located on the same lot as a primary single- or multi-family home. Rhode Island homeowners using the RIHousing 203(k) Loan can build an attached or in-home unit on their property if it meets certain criteria; each town may have its own specific regulations, so it’s best to consult a qualified contractor who is familiar with the local requirements.

“RIHousing is committed to expanding housing options across our state,” said Carol Ventura, CEO & Executive Director of RIHousing. “As we continue to deal with a tight housing market, creative ideas are key to increasing housing options that more Rhode Islanders can afford. Giving homeowners the option to build or renovate an ADU can open doors for homeowners and renters.”

ADUs are an additional, flexible solution to Rhode Island’s current housing shortage. They can be vital for a family, letting older members – like parents and grandparents – live beside younger members while still maintaining independence. ADUs also let younger members, like recent college graduates, be near family while having their own space. Or an ADU can become a rental opportunity for the property owner. In addition to expanding livable space on the property, ADUs can increase a home’s value. AARP has more information about the ABCs of ADUs: https://states.aarp.org/rhode-island/the-abcs-of-adus.

“Rhode Island’s housing needs are evolving, and we must be innovative in our approach to meet those needs,” said Secretary of Housing Deborah Goddard. “By supporting the development of Accessory Dwelling Units through programs like the FHA 203(k) loan program, we are empowering homeowners to enhance their properties while contributing to a more affordable and diverse housing market – strengthening multigenerational living and giving homeowners the opportunity to create new rental spaces that can support families and bolster the local economy.”

203(k) Loan
In addition to individuals or families purchasing a new home, RIHousing is now offering the FHA 203(k) as a refinance option for current homeowners who wish to build or renovate an ADU. Homebuyers or homeowners utilizing a FHA 203(k) Loan will receive a loan for both the purchase or refinance of the home and the proposed project.

Projects must be completed within 12 months of the purchase or refinance date. The homebuyer or homeowner must complete RIHousing’s FHA 203(k) homebuyer education class prior to closing, which is offered online for $15. The homebuyer or current homeowner must also select an FHA-approved RI 203(k) consultant and a RI licensed and insured contractor.

Interested homebuyers or homeowners can visit https://www.rihousing.com/adu/ or reach out to the RIHousing Loan Center or a RIHousing Participating Lender for more information.

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Interested homebuyers or homeowners can visit https://www.rihousing.com/adu/ or reach out to the RIHousing Loan Center or a RIHousing Participating Lender for more information.

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Ben Frost named President of Proactive Development

Frost will lead efforts focused on assessing and identifying barriers to housing production in Rhode Island

FOR IMMEDIATE RELEASE

Providence, RI – Governor McKee, the Rhode Island Department of Housing, and RIHousing today announced the appointment of Ben Frost as the President of Proactive Development, a position that will sit within RIHousing. The new venture has been funded as part of the Governor and General Assembly’s historic investment of State Fiscal Recovery Funds into housing and homeless programs.

“Rhode Island is committed to taking proactive steps to identify and implement strategies that yield needed increases in housing production at all levels,” said Governor Dan McKee. “We are fortunate to have someone of Ben Frost’s caliber lead this charge.”

In the Rhode Island FY24 budget, Governor McKee set aside $1.4 million in State Fiscal Recovery Funds for Proactive Development Activities. These activities are an arm of the Rhode Island Housing Development Corporation, a non-profit affiliate of RIHousing. Frost will spearhead the activities as President of Proactive Development.

“I am very pleased that Ben Frost, who has more than three decades of housing and land-use planning experience, will be directing proactive development for our state,” said Rhode Island House of Representatives Speaker K. Joseph Shekarchi. “This is one of many investments the legislature proudly made in the budget in a collaborative effort to tackle the housing crisis. Having someone at RIHousing with his expertise to provide guidance and direction to municipalities on housing development proposals will help create more housing that Rhode Islanders so sorely need.”

Proactive Development will work with other governmental agencies, non-governmental agencies, municipalities, developers of housing and the public to grow housing production across the state. To accomplish this, the entity will be involved in a number of activities and initiatives, including:

Identifying and screening properties in Rhode Island for housing potential
Developing or supporting the development of site plans, including engineering, surveying, architectural and financial planning and models with respect to properties supporting housing
Making recommendations and assisting in the facilitation and navigation of zoning, planning and permitting processes for housing projects
Assisting cities and towns in advancing the location and development of housing in their jurisdictions
Building developer capacity and attracting developers
Assisting in increasing pre-development activities and sites for housing development
Supporting efforts to identify and secure funding sources and opportunities for leasing, acquisition, development, construction, financing, public and private ownership, and management of housing
Facilitating and implementing the financing, assembly, acquisition, leasing, permitting and development of properties for housing

“I’m excited to be joining RIHousing as the President of Proactive Development, ushering in this new initiative to expand housing production in Rhode Island,” said Ben Frost. “I look forward to bringing my experience and enthusiasm to the role. I’m ready to get to work guiding proactive development activities across the state and contributing to the critical efforts of providing more housing opportunities for Rhode Islanders.”

Frost has over 35 years of experience as a land use planner and over 25 as an attorney. He worked for New Hampshire Housing for over 18 years, most recently as the Deputy Executive Director and Chief Legal Officer. Prior to that he held positions at the NH Office of State Planning and various other local and regional governmental agencies in several northeastern states. He is a founder of Housing Action NH, a low-income housing advocacy organization, and has been one of the key leaders of the NH Zoning Atlas. He frequently lectures on issues of affordable and workforce housing, land use law, and ethics, and has been recognized by multiple organizations for his work on affordable housing.

“The Rhode Island Department of Housing is grateful to welcome Ben Frost as President of Proactive Development within RIHousing,” said Dan Connors, Interim Secretary of the Rhode Island Department of Housing. “His leadership will be instrumental as we work together to address Rhode Island’s housing crisis and boost housing production statewide. This initiative, led by Ben and supported by a historic $1.4 million investment from State Fiscal Recovery Funds, will help us create sustainable housing solutions for all Rhode Islanders.”

Frost received his Bachelor of Arts from Colgate University, his Master’s from Syracuse University, and his J.D. from Cornell Law School, where he concentrated in business law and regulation. He is admitted to the practice of law in New Hampshire.

“Ben Frost joins us with decades of housing experience and knowledge that will assist him in steering proactive development work across Rhode Island,” said Carol Ventura, Executive Director of RIHousing. “By bringing Ben on as the President of Proactive Development, we are ensuring that these activities will be guided by an individual who understands the complexities we face and brings ideas and solutions to the table.”

The Proactive Development Committee held its first meeting on September 19.

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Public Meetings and Pop-Ups Scheduled for RIHousing Consolidated Plan and Analysis of Impediments to Fair Housing

RIHousing encourages community members to attend the public meetings and/or pop-up events to learn about the project and share ideas.

FOR IMMEDIATE RELEASE

Providence, RI – RIHousing is holding multiple public meetings and pop-up events regarding the U.S. Department of Housing and Urban Development (HUD) FY 2025-2029 Consolidated Plan, FY 2025 Annual Action Plan and Analysis of Impediments to Fair Housing. The Consolidated Plan and Annual Action plan are required documents for the State’s federal funding programs of the Community Development Block Grant (CDBG), HOME, Emergency Solutions Grants (ESG) and National Housing Trust Fund. Meeting times and locations are as follows:

Public Meetings:

Monday, June 10, 2024, 6:30PM-8:00PM at the Woonsocket Harris Public Library, 303 Clinton St, Woonsocket, RI 02895
Tuesday, June 11, 2024, 12:00PM-2:00PM at Warwick Library Central Branch, 600 Sandy Ln, Warwick, RI 02889
Tuesday, June 11, 2024, 4:00PM-6:00PM at the North Kingstown Free Library, 100 Boone St, North Kingstown, RI 02842
Wednesday, June 12, 2024,12:00PM-2:00PM at the Barrington Library, 281 S. County Rd, Barrington, RI 02806

Pop-Ups:

Tuesday, June 11, 2024, 9:00AM-10:45AM at the Warwick Library Central Branch Lobby, 600 Sandy Ln, Warwick, RI 02889
Wednesday, June 12, 2024, 4:00PM-6:00PM at the Hope & Main Makers Market, 691 Main St, Warren, RI 02885

RIHousing is a self-supporting, quasi-public agency created in 1973 to provide financing and resources to offer housing options to Rhode Islanders. RIHousing works to ensure that all people who live in Rhode Island can afford an attractive home that meets their needs.

By May 2025, RIHousing will adopt the new Five-Year Consolidated Plan and Annual Action Plan which will describe Rhode Island’s affordable housing and community development funding priorities and goals for the next five years. It will also describe how the State will plan on using its federal funds for projects in FY 2025 to address the identified high priority needs. Additionally, the Analysis of Impediments to Fair Housing Choice (AI) will be completed in early 2025 and will identify barriers to housing choice for members of the protected classes. The AI will also include a fair housing action plan that identifies barriers to fair housing and a plan to address those barriers.

Public input is essential to the planning process to help shape future affordable housing and community development priorities in Rhode Island. The public meetings and pop-ups will give community members an opportunity to learn about the Consolidated Plan, the Annual Action Plan and Analysis of Impediments to Fair Housing and share their thoughts on the region’s existing housing and community development needs.

Attachment: Frequently Asked Questions – Analysis of Impediments to Fair Housing Choice and Five-Year Consolidated Plan 2025

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Elected Officials, Development Partners, and Community Celebrate the Completion of the Joseph Caffey Apartments and Jordan Caffey Townhomes

Officials, Development Partners, and Community Celebrate the Completion of the Joseph Caffey Apartments and Jordan Caffey Townhomes

Opening adds 79 new units of affordable housing in Providence

FOR IMMEDIATE RELEASE

Providence, RI – Today Lieutenant Governor Sabina Matos, U.S. Department of Housing and Urban Development (HUD) Rhode Island Field Office Director Peter Asen, the Rhode Island Department of Housing Secretary Stefan Pryor, Councilwoman Mary Kay Harris, and State Senator Tiara Mack joined Omni Development Corporation, Wingate Companies, RIHousing, Citizens Bank, and other funding and local community partners at the ribbon cutting for the Joseph Caffey Apartments and Jordan Caffey Townhomes in Providence, marking a new start for the former Barbara Jordan II Apartments site.

“There is such a tremendous need for quality, affordable housing and so it’s exciting to cut the ribbon on this transformational complex and welcome home dozens of new residents and families. This ambitious project is a major win for Providence and is due to the hard work and teamwork of so many community partners. I was pleased to do my part at the federal level to help deliver funding and I commend RIHousing, HUD, the state, the city, and everyone who played a role in making this redevelopment work not just for new residents, but for the whole neighborhood,” said U.S. Senator Jack Reed, who has championed the Low-Income Housing Tax Credits, the HOME Investment Partnership Program, the Capital Magnet Fund, the Housing Trust Fund, and other federal sources of housing revenue to increase the stock of affordable housing in Rhode Island. Reed began working in 2000 to preserve these HUD units and keep them affordable for local tenants.

The completion of the Caffey development adds 79 units of new affordable housing to the Upper South Providence neighborhood. Homes will be available to individuals and families making 30%-80% of the Area Median Income, which for a two-person household is between $23,200 and $61,900.

“We know that investing in affordable housing is about building futures and strengthening communities. That’s why our Administration has made strategic, historic investments to grow Rhode Island’s housing stock and connect more Rhode Islanders with an affordable place to call home,” said Governor Dan McKee. “On behalf of the State of Rhode Island, I thank all the partners who came together to make this project possible.”

“This moment has been in the works since 2018. Long before housing was the top issue at the State House, Councilwoman Mary Kay Harris and RIHousing were working together with the community to build the housing that this neighborhood deserves,” said Lieutenant Governor Sabina Matos. “This is more than just 79 new affordable homes: it’s proof that community-led collaboration between cities, the state, and private companies can help us address our housing crisis.”

The Barbara Jordan II Apartments formerly at this location included 26 blighted and vacant two- and three-story apartment buildings over almost three acres. The buildings, constructed throughout the 1980s, had been abandoned and vacant since 2015; the U.S. Department of Housing and Urban Development (HUD) foreclosed on the apartments in 2018 and later the same year transferred ownership of the development to RIHousing.

“This is the beginning of a new chapter for a very long story at these developments,” said Peter Asen, Rhode Island Field Office Director for HUD. “HUD appreciates the many local, state and federal elected and career officials who worked over a decade to ensure that the resources would be there to rebuild much needed affordable housing in Upper South Providence.”

“Creating more affordable housing continues to be a top priority for Rhode Island,” said Rhode Island Department of Housing Secretary Stefan Pryor. “The Joseph Caffey Apartments and Jordan Caffey Townhomes were completed through extensive collaboration, a focus on community revitalization, and a commitment to serve the most vulnerable Rhode Islanders. Congratulations to RIHousing, Omni Development, and Wingate Companies on opening the doors to this much needed affordable housing development in Upper South Providence.”

After taking ownership, RIHousing and community partners embarked on an eight-month community engagement process, ensuring neighborhood residents, businesses, institutions, organizations, and other local stakeholders had key involvement in the redevelopment of the site and its surroundings. The discussions held during the engagement process informed RIHousing’s next steps in redevelopment.

“This development exemplifies what can be achieved when we engage with the community to transform underutilized properties into affordable living spaces for our neighbors,” said Providence Mayor Brett P. Smiley. “Increasing the housing supply in our city requires finding innovative solutions and getting creative with the historical buildings we already have. I am proud to join RIHousing in celebrating the completion of the Joseph Caffey Apartments and Jordan Caffey Townhomes.”

“I am incredibly proud to see this affordable housing development come to fruition and transform our neighborhood into one connected community here in South Providence,” said Providence Councilwoman Mary Kay Harris (Ward 11). “I vividly remember the deplorable housing conditions of the old buildings and the despair on the faces of those living here when I knocked on doors many years ago. This new community was built on a strong foundation of private and public partnerships working collaboratively to give folks safe and affordable homes.”

“These units will help ensure families in my district have affordable housing options,” said Rhode Island State Senator Tiara Mack. “The rising cost of rent has impacted too many in recent years. I am grateful for organizations like Omni that build beautiful, affordable homes that keep families in Providence who would otherwise be forced to leave.”

Incorporating feedback from the community engagement process, RIHousing released a Developer Request for Proposals (RFP) in 2019. After a diligent review of the developer submissions by RIHousing staff and the unanimous approval from an outside advisory committee, the final developer selection took place at the June 2020 RIHousing Board of Commissioners meeting. Omni Development and Wingate Companies were chosen as co-developers.

“The successful completion of this development is a powerful testament of perseverance and working collectively with others to address the housing needs in our community,” said Sharon Morris, Executive Director of Omni Development Corporation. “Quality affordable housing options transform communities, and I am excited that Omni Development and Wingate Companies was afforded this opportunity to build these apartments that will soon be called home for 79 families.”

“Wingate is grateful and proud to contribute to Providence’s revitalization and vitality; crafting affordable, high-quality apartments that echo the city’s spirit,” said Brian Kean, Senior Vice President of Wingate Companies. “Collaborating with our joint venture partner Omni Development, we’re dedicated to building homes where dreams thrive and communities flourish.”

A ceremonial groundbreaking in April 2022 marked the beginning of construction on the four-story apartment building and two-story townhomes.

Numerous funding sources made this redevelopment possible, including both 4% and 9% Low-Income Housing Tax Credits (LIHTC) and construction and permanent financing from RIHousing, Citizens Bank, and the Providence Redevelopment Authority.

“The redevelopment of the Barbara Jordan II Apartments into the Joseph Caffey Apartments and Jordan Caffey Townhomes has been a long and meaningful process for all of those involved,” said Carol Ventura, CEO of RIHousing. “RIHousing is proud to have provided funding and support in the transformation of blighted properties into beautiful new affordable homes for the people of this neighborhood. We remain committed to the development of more affordable communities across Rhode Island and look forward to working with our partners to expand our state’s housing inventory.”

The Joseph Caffey Apartments are a 54-unit, four-story building, named for the 24-year President and CEO of the Omni Development Corporation; Joseph Caffey was also the former Director of Housing Rehabilitation for the City of Providence and was the President of the National Leased Housing Association based in Washington, D.C.

The Jordan Caffey Townhomes are so named to honor both Joseph Caffey and the namesake for the original development on the site, Barbara Jordan, a trailblazing Congresswoman and a leader of the Civil Rights movement.

Residents of the Caffey Apartments and Townhomes will have access to an onsite digital learning center that was funded through a $500,000 investment from Citizens. Equipped with computers and high-speed Wi-Fi, the technology center will host wrap-around workforce development and education support to help residents achieve independence, self-sufficiency, and overall well-being.

“At Citizens, we are committed to strengthening our local communities and supporting the economic growth and success of Rhode Island and its vibrant communities like Upper South Providence,” said Keith Kelly, Rhode Island President at Citizens. “We’re honored to help finance the Caffey Apartments and Townhomes redevelopment project and to fund the construction of the new onsite digital learning center that will provide resources and wrap-around services to help residents achieve their goals.”

Block Party
Today, in celebration of the opening of the Caffey Apartments and Townhomes and in partnership with Omni Development Corporation and Wingate Companies, RIHousing is holding the South Side Spring Block Party from 12pm-4pm in the parking lot of the Joseph Caffey Apartments, 23 Portland Street, Providence. The block party has family-friendly activities, food trucks, resources from local companies and organizations, and more. This event is open to the public.

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RIHousing works to ensure that all people who live in Rhode Island can afford a healthy, attractive home that meets their needs. RIHousing provides loans, grants, education and assistance to help Rhode Islanders find, rent, buy, build and keep a good home. Created by the General Assembly in 1973, RIHousing is a self-sustaining corporation and receives no state funding for operations. For more information regarding RIHousing, visit RIHousing.com or follow us @RIHousing on Facebook, X (formerly Twitter), and Instagram.

HUD Awards More than $350,000 to Help Families and Youth at Risk of Homelessness

Funding focuses on homeless or at-risk youth with a foster care history and families whose insufficient housing is the primary reason their children are in foster care.

FOR IMMEDIATE RELEASE

Providence, RI – The U.S. Department of Housing and Urban Development (HUD) awarded $354,369 to Rhode Island Housing and Mortgage Finance Corporation to assist youth with a history of foster care involvement who are homeless or at risk of homelessness and families whose lack of adequate housing is the primary reason their children are in foster care. This funding, offered through HUD’s Family Unification Program (FUP), will provide 28 housing vouchers to youth and families in Rhode Island.

“Rhode Island is fortunate to have excellent and dedicated service providers working with families and youth in the state,” said HUD New England Regional Administrator Juana Matias. “HUD is proud to partner with such strong allies for this important program that will assist youth and families with housing and critical services. We look forward to our continued collaboration with Rhode Island Housing, the continuum of care, state and nonprofit partners to increase access to resources and ensure we are placing families on a path towards permanent housing.”

As part of FUP, public housing authorities (PHA) partner with public child welfare agencies (PCWAs), and Continuums of Care (CoC) to offer Housing Choice Vouchers (HCVs) to two groups:

Families for whom the lack of adequate housing is a primary factor in the imminent placement of the family’s child, or children, in out-of-home care; or the delay in the discharge of the child, or children, to the family from out-of-home care; and
Youth aged 18 to 24, who have either exited foster care or will do so within the next 90 days, and meet the criteria outlined in Section 475(5)(H) of the Social Security Act, are eligible if they are homeless or at risk of homelessness and are 16 years or older.

PHAs administer the FUP in partnership with PCWAs, which are responsible for referring FUP families and youths to the PHA for the determination of eligibility for rental assistance. After the PCWA makes the referral, the PHA places the FUP applicant on its waiting list, assesses whether the family or youth meets HCV program eligibility requirements, and manages all other processes related to voucher issuance and administration.

“Ensuring every family and child has a safe and stable place to call home is a basic, core community commitment that helps give our youth the best possible chance to succeed. With these new federal housing vouchers, more Rhode Island families will be able to live together and thrive together and youth aging out of foster care will be better supported as they enter adulthood,” said Senator Jack Reed, a senior member of the Banking, Housing and Urban Affairs Committee. “I look forward to seeing these vouchers helping our most vulnerable Rhode Islanders.”

“These federal vouchers will help youth and families who have been through a difficult time get safe, supportive housing and most importantly, stay together with loved ones, as they regain their footing,” said Senator Sheldon Whitehouse. “Well done to RIHousing and DCYF on securing these vouchers, as this is the first time in years that Rhode Island has received them.”

“Every young person deserves a loving family and a stable home,” said Congressman Seth Magaziner. “I am excited that Rhode Island is receiving a federal Family Unification Voucher award, and am committed to working with my colleagues to ensure that all young Rhode Islanders can have a happy and safe childhood.”

“I am excited that our state has received over $350,000 in critical federal funds from the U.S. Department of Housing and Urban Development’s Family Unification Program to support our youth and families’ efforts to access more permanent and stable housing,” said Congressman Gabe Amo. “This program is vital to ensuring that families and children have the resources to remain together. I am eager to see the positive impact that these funds will have on the lives of Rhode Islanders and our critical mission to reduce and ultimately end homelessness.”

“Addressing family homelessness is a key area of focus, and through HUD’s Family Unification Program, we are providing essential support to Rhode Island’s vulnerable youth and families,” said Secretary of Housing Stefan Pryor. “This creative partnership will change lives and use resources more efficiently. We thank the collaboration of our federal partners, our congressional delegation, RIHousing, Department of Children Youth and Families, Foster Forward, Family Services of RI, and others.”

“RIHousing is proud to be an implementer and administrator of the federal Department of Housing and Urban Development’s Family Unification Program, in partnership with the state Department of Children, Youth and Families,” said Carol Ventura, CEO of RIHousing. “This program will provide crucial housing and supportive services to Rhode Island’s most vulnerable youth, ensuring families stay together. We look forward to administering and expanding this important program to provide Rhode Island youth and families with stability and opportunities for growth.”

“These FUP vouchers are critical to families and young people legally involved with DCYF who face housing instability challenges. This is a key step forward in DCYF efforts to ensure children are reunited with their parents when the only challenge is lack of housing,” said DCYF Director Ashley Deckert. “This also supports our efforts to ensure young people leaving our Voluntary Extension of Care (VEC) Program are able to continue to have a safe place to live. We appreciate the Governor and Secretary Pryor’s leadership on finding solutions to Rhode Island’s housing crisis and our ongoing partnerships with RIHousing, Family Services of RI and Foster Forward in addressing these needs.”

“A safe and affordable home is the cornerstone of stability and well-being for children and families,” said Family Service of RI CEO Margaret Holland McDuff. “These FUP vouchers are a tool to help families access a home and the support they need, so they can remain together or achieve reunification. I cannot think of more heartwarming news this holiday season! FSRI is truly excited and so thankful to HUD, RIHousing, DCYF and Foster Forward for their partnership that made this possible.”

“These federally funded vouchers are a transformational resource in our work to end homelessness for youth and families who are currently unhoused,” said Lisa Guillette, Executive Director of Foster Forward. “The vouchers make housing affordable, and our ability to couple this with comprehensive services to support their self-sufficiency strengthens our work with youth and families as well as all of our communities.”

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HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. More information about HUD and its programs is available at www.hud.gov and https://espanol.hud.gov.

You can also connect with HUD on social media and follow Secretary Fudge on Twitter and Facebook or sign up for news alerts on HUD’s Email List.

HUD COVID-19 Resources and Fact Sheets
Learn More About HUD’s Property Appraisal and Valuation Equity Work

RIHousing receives national recognition for data management system

Recognition demonstrates agency’s improved capabilities in housing data and insight

FOR IMMEDIATE RELEASE

Providence, RI – RIHousing, the principal housing finance agency (HFA) for Rhode Island for the past 50 years, received the 2023 Annual Award for Program Excellence in Management Innovation: Technology from the National Council of State Housing Agencies (NCSHA) for the submission ‘Expanding Agency Capacity Through Data Management.’ The winning entry highlighted RIHousing’s data warehouse, which has evolved into a critical resource that allows the agency to grow and improve its operations.

“It’s an honor to be recognized by a national organization that understands the hard work that HFAs are accomplishing,” said Carol Ventura, CEO of RIHousing. “Data management is a vital piece of our work and in understanding the impact we’re making across the state.”

The data warehouse server was developed by a team of IT and Research and Data Analysis professionals within the agency and is already being used throughout RIHousing’s various departments. The tool has expanded the agency’s capacities in reporting and analyses of housing insights and trends, keeping RIHousing as the leading resource for housing programs and information in the state.

“The dedicated team has been working on this system for the past couple of years,” said Ventura. “We’re proud of our accomplishments and are excited for the future updates and expansions to the server.”

The NCSHA Annual Awards for Program Excellence identify and elevate industry best practices as well as encourage continued HFA innovation. In 2023, more than 35 HFAs submitted entries to the awards program which were presented at NCSHA’s 52nd Annual Conference held in Boston in October.

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Homeowner Assistance Fund Rhode Island closing to new applications after helping more than 1,700 homeowners

FOR IMMEDIATE RELEASE

Providence, RI – Today, after successfully helping more than 1,700 Rhode Islanders stay in their homes, RIHousing announced its Homeowner Assistance Fund Rhode Island (HAF-RI) program is closing to new applications.

“We’re proud to have helped many homeowners across Rhode Island keep their homes in the wake of the pandemic,” said Carol Ventura, Executive Director of RIHousing. “While our HAF-RI program is now closed to new applications, RIHousing remains committed to helping homeowners in need through other existing resources, like our HelpCenter, which provides free counseling to Rhode Islanders facing foreclosure.”

Launched on January 10, 2022, HAF-RI provided much-needed financial assistance to eligible Rhode Island homeowners who struggled to pay their mortgage and/or other housing-related expenses due to the COVID-19 pandemic. Funded via the federal Homeowner Assistance Fund that was approved as part of the American Rescue Plan Act in spring 2021, Rhode Island received $50 million in program funds. Administered by RIHousing, HAF-RI helped prevent mortgage delinquencies and defaults, foreclosures, loss of utilities and home energy services, and displacement of homeowners.

While this program is closing, Rhode Island homeowners who are currently struggling to make their mortgage payments and/or facing foreclosure have several assistance options available:

Contact a HUD-approved housing counselor such as the RIHousing HelpCenter. Dedicated housing counselors work with homeowners and their lenders to review and identify available options to avoid foreclosure. Options may include loan modifications, work-out agreements, repayment plans and/or referral to RI Legal Services. A list of HUD-approved counseling agencies is available online at HUD’s website. The RIHousing HelpCenter can be reached via the agency’s website at www.rihousing.com/homeowner-assistance or 401-457-1130.
Directly contact their loan servicer about opportunities to restructure their mortgage.
Contact a local Community Action Agency (CAP) about available utility assistance programs. A list of Rhode Island CAP agencies is available at: ricommunityaction.org.

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Rhode Island’s new affordable housing online database now available

Website allows renters to search for available affordable developments and how to apply

FOR IMMEDIATE RELEASE

Providence, RI – This month, RIHousing launched its new online database search system to better connect Rhode Islanders to available affordable housing units.

During the 2022 session, the Rhode Island General Assembly passed legislation (H-7944A/ S3051) calling for the creation of this new online database to be managed by RIHousing. The online searchable database, which went live in June, includes information on low-income rental units across the state, including contact information for developments, application information as available, and information relative to key populations a development may serve, such as residents who are elderly or disabled, or families impacted by domestic violence.

“The legislature is committed to providing the tools necessary to assist individuals and families have better access to affordable housing,” said Speaker K. Joseph Shekarchi. “I’m so pleased that RIHousing has completed this database, which will enhance our collective efforts to connect Rhode Islanders with the housing opportunities they need.”

The database includes helpful information for tenants such as pictures, a map of the development when available, rent level, unit characteristics, and site amenities. The site also features an affordability calculator and list of community resources.

“Affordable housing is one of the most important issues facing our state,” said Senate President Dominick J. Ruggerio (D-Dist.4, North Providence, Providence). “I was proud to support this effort to provide more readily available information to the public about affordable housing availability and development.”

The online database (housingsearchri.org) is an expansion of the pre-existing housingsearchri.org, a platform originally launched by RIHousing as a free resource for renters to look for housing in the state and for landlords and property owners to advertise available units. The bolstered site now includes a targeted search tool focused on connecting families to low- and moderate-income units.

“Too many families already face barriers to accessing a home that’s affordable – finding basic information on available units throughout our state and how to apply shouldn’t be one of them,” said Carol Ventura, Executive Director of RIHousing. “I want to thank Speaker Shekarchi, President Ruggerio and Representative Corvese for their leadership role on legislation that spurred the development of this technology tool to help Rhode Islanders access affordable housing.”

The database is available in English, Spanish, and additional languages. Learn more at Housingsearchri.org or call the toll-free call center for assistance at 1-877-428-8844 (open Monday-Friday, 9:00am – 8:00pm).

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Central Falls	44007010900, 44007010800, 44007011100, 44007011000
Pawtucket	44007016000, 44007015300, 44007015100, 44007015200, 44007015500, 44007016600, 44007016700, 44007017000, 44007017100, 44007016100, 44007016400
Newport	44005040500, 44005041100
East Providence	44007010100, 44007010501

RIHousing Recognizes Top-Performing Lender Partners of 2024

FOR IMMEDIATE RELEASE

RIHousing, Rhode Island Office of Energy Resources, Rhode Island Energy announce over $1.2 million in funding for development of energy-efficient housing

FOR IMMEDIATE RELEASE

RIHousing Supporting Development of Accessory Dwelling Units Through 203(k) Loan Program

FOR IMMEDIATE RELEASE

Ben Frost named President of Proactive Development

FOR IMMEDIATE RELEASE

Public Meetings and Pop-Ups Scheduled for RIHousing Consolidated Plan and Analysis of Impediments to Fair Housing

FOR IMMEDIATE RELEASE

Officials, Development Partners, and Community Celebrate the Completion of the Joseph Caffey Apartments and Jordan Caffey Townhomes

FOR IMMEDIATE RELEASE

HUD Awards More than $350,000 to Help Families and Youth at Risk of Homelessness

FOR IMMEDIATE RELEASE

RIHousing receives national recognition for data management system

FOR IMMEDIATE RELEASE

Homeowner Assistance Fund Rhode Island closing to new applications after helping more than 1,700 homeowners

FOR IMMEDIATE RELEASE

Rhode Island’s new affordable housing online database now available

FOR IMMEDIATE RELEASE

Healthy Housing, Healthy Communities (H3C) Initiative

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