
Eligibility:
- First-time homebuyers with qualifying income limits under $90,560*.
- Obtain an RIHousing-funded first mortgage through a Participating Lender or the RIHousing Loan Center.
* income limit may change
Grant Amount:
$1,000 for eligible first-time homebuyers
or
$2,000 for eligible first-time homebuyers who are also veterans or active military personnel.
Terms and Conditions
- No monthly payments due; immediately forgivable.
- May be paired with one of the RIHousing homebuyer assistance products
- All first mortgage requirements apply
Homeownership is a cornerstone of financial and community growth. By removing financial barriers, the RI REALTORS® Homebuyer Grant is building brighter futures and getting more Rhode Islanders into their own homes.