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PLANNING & PREDEVELOPMENT

Programs to help with the planning and predevelopment stages of a project.

Pre-Development Loans

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For Monitoring Agents

VISIT PAGE

Land Bank Program

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Letters of Eligibility For Comprehensive Permits

LEARN MORE

DOCUMENTS

Fee-in-Lieu by Municipality

FY22 Rhode Island Income Limits for Low- and Moderate-Income Households

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© 2022 RIHousing | Public Information and Notices

Consultant Roster for Municipal Technical Assistance

Posted: January 31, 2023
Deadline: 3:00 pm, February 28, 2023

DOCUMENTS

  • Program Announcement
  • Questions and Answers – Updated 02.17.2023

Are you a Newport resident?

Check whether your current residence is located within an eligible census tract.

Approximation of Newport Census Tract 405

Only residents of census tract 405 are eligible for the FirstGenHomeRI pilot program.
The map on the left shows the approximated eligible region.

Unsure if your address is part of the eligible region?
Type in your address below to find out (Include street #, street name, Newport, RI).

Data mapped by PolicyMap, an online GIS mapping tool.

Do you live in Central Falls, Pawtucket, Newport or East Providence?

Check whether your current residence is located within an eligible census tract for application prioritization.

Applications from residents who live in the census tract listed below are prioritized.

Central Falls 44007010900, 44007010800 44007011100, 44007011000
Pawtucket 44007016000,44007015300, 44007015100, 44007015200, 44007015500, 44007016600, 44007016700, 44007017000, 44007017100, 44007016100, 44007016400
Newport 44005040500, 44005041100
East Providence 4400701010100, 44007010501

 

Type in your address  below to learn if you are in the targeted area. (Include street #, street name, city, RI).

Data mapped by PolicyMap, an online GIS mapping tool.

Landbank Program

RIHousing Land Bank program provides financing for eligible applicants to acquire undeveloped real estate, vacant lots, developed properties, or a combination thereof which are intended for the production of affordable housing.  Eligible applicants include non-profit organizations whose purpose includes providing housing and related facilities to persons and families of low and moderate income, state or local government, public housing authorities or any partnership or joint venture consisting of at least one of the entities described above.

Land Bank Loans are for a term up to twelve (12) months.  The interest rate for all Land Bank program loans will be set at closing in the amount of 3 month U.S. LIBOR plus 3%, but in no event shall the rate be less than 4% or greater than 7%.  Land Bank Loans will be limited to 97% of appraised value or purchase price, whichever is lower.

Landbank Program Bulletin 2016-01

CONTACT

Carlos Morales
401-450-1328
cmorales@rihousing.com

 

Letters of Eligibility for Comprehensive Permits

Rhode Island General Law 42-55-5.3 requires applicants for a Comprehensive Permit in a Rhode Island municipality first obtain a Letter of Eligibility from RIHousing stating their eligibility to apply. Applications should be submitted to Bernard White or via mail to 44 Washington Street, Providence, RI 02903.

Letters of Eligibility Application (PDF)

CONTACT

Bernard White
401-277-1534
bwhite@rihousing.com

 

Pre-development Loans

Short-term financing to qualified non-profit developers to cover pre-closing costs incurred in determining development feasibility and obtaining site control.

CONTACT

Carlos Morales
401-450-1328
cmorales@rihousing.com