Board Meeting

Monday, August 17, 2020 @ 9:30 a.m

A Meeting of the Board of Commissioners of RIHousing was scheduled for Monday, August 17, 2020 at 9:30 a.m.  The meeting was held via telephone conference call pursuant to Executive Order 20-46, (as extended by Executive Order 20-63, and as may be further amended or extended)

Agenda

  1. Approval of Minutes of Board Meeting held on June 18, 2020
  2. Chairman’s Remarks: Presentation of Michael Van Leesten Awards Program
  3. Executive Director’s Review of Recent Activities and Trends
  4. Firm Approval of HOME Investment Partnerships Program and Housing Trust Fund (HTF) Program Funds for Delaine Street Apartments (Providence) 
  5. Preliminary Approval of Financing for Pineview Apartments (Exeter)
  6. Approval of the Final 2021 Qualified Allocation Plan (QAP)
    1. Attachment B – Final 2021 Qualified Allocation Plan – Blacklined
    2. Attachment C – Final 2021 Qualified Allocation Plan – Clean
  7. Approval of Engagement of Document Custodian
    1. Response Scoring Analysis
  8. Approval of Delegation of Corporate Authority for Purposes of Government National Mortgage Association (Ginnie Mae) MBS Programs
    1. Attachment A – HUD 11702 Issuer 4063
    2. Attachment A – HUD 11702 Issuer 4301
  9. Approval of Authority to Adopt Multi-Family Development Bond General Resolution and Supplemental Resolution for Series 2020 – $135,000,000
    1. Attachment A – MFD Bonds Projects
    2. Attachment B – Authorizing Resolution for RIH Multifamily Development Revenue Bonds
    3. Attachment C – Supplemental Resolution
  10. Approval of Authority to Issue Homeownership Opportunity Bonds – $250,000,000
    1. Attachment A – Authorizing Resolution for RIH Homeownership Opportunity Bonds
    2. Attachment B – Authorizing Resolution for Homeownership Mortgage Originators
    3. Attachment C – Authorizing Resolution Homeownership Opportunity Program Loans
    4. Attachment D – Supplemental Resolution
  11. Approval of Engagement of Employee Benefits and Retirement Brokerage and Consulting Firm
    1. Attachment A – Scoring Matrix
  12. Executive Session Pursuant to R.I.G.L. Sec. 42-46-5(a)(1) to Discuss Job Performance of Executive Staff and Senior Management

Pursuant to the Open Meeting Law, any additional items added to the agenda by a majority vote of the members shall be for “informational purposes only and may not be voted on except where necessary to address an unexpected occurrence that requires immediate action to protect the public or to refer the matter to an appropriate committee or to another body or official.”

Recording of RIHousing Board of Commissioners Meeting August 17th, 2020

817 for 38665
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Rhode Island Housing Subsidiary Corporations and Affiliates

Rhode Island Housing Subsidiary Corporations

  • Rhode Island Housing Development Corporation (occasionally LLCs are established with the Development Corporation as sole general partner on multifamily properties that RIHousing has taken over.)
  • Rhode Island Housing Equity Corporation
  • Rhode Island Housing Equity Pool II, L.P.
  • Rhode Island Housing Equity Pool, L.P.
  • University Heights Housing Corporation

Rhode Island Housing Affiliates

  • Affordable Housing Trust

These are not RIHousing entities, but we have a general partner capacity in each:

  • Ashley Estates Limited Partnership – RIH Equity Corp. is general partner
  • Erik Estates Limited Partnership – RIH Equity Corp. is general partner
  • Mohican Limited Partnership – RIHDC is general partner
  • Phebe Street Associates, L.P. – RIHDC is general partner
  • University Heights Apartments, L.P. – University Heights Housing is general partner

Mission Statement

RIHousing strives to ensure that all people who live or work in Rhode Island can afford a healthy, attractive home that meets their needs. A good home provides the foundation upon which individuals and families thrive, children learn and grow, and communities prosper.

To achieve our mission we:

  • Offer fair, affordable and innovative lending programs.
  • Provide housing related education to consumers and others.
  • Promote and finance sensible development that builds healthy, vibrant communities.
  • Provide housing grants and subsidies to Rhode Islanders with the greatest need.
  • Team up with partners to improve everything we do

RIHousing uses all of its resources to provide low-interest 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 privately funded public purpose corporation.

Healthy Housing, Healthy Communities (H3C) Initiative

RIHousing Healthy Housing, Healthy Communities (H3C) Plan
Rhode Island Health and Housing Tool Kit
Rhode Island Health and Housing Took Kit – Appendix A-K

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Newport-Census-Map

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