Board Meeting

Thursday, September 15, 2022 @ 9:30 a.m.

A Meeting of the Board of Commissioners of RIHousing is scheduled for Thursday, August 18, 2022 @ 9:30 a.m.

The meeting will be held at the main office of the Corporation, 44 Washington Street, Providence, RI 02903, Conference Boardroom. The meeting can also be accessed by interested members of the public via telephone conference call.

Agenda

  1. Approval of Minutes of Board Meeting held on August 18, 2022
  2. Remarks of Presiding Commissioner
  3. Executive Director’s Review of Recent Activities and Trends
    a. Update on Homeownership Activity
    b. Update on Development Activity
    c. Update on Homeowner Assistance Fund and RentReliefRI Programs
    d. Update on Finance Activity
  4. Approval of External Charitable Donations and Contributions
  5. Approval of Pre-Qualification of Residential Real Estate Appraisal Firms
  6. Approval of Pre-Qualification of Commercial Real Estate Appraisal and Market Study Firms
  7. Approval of Reauthorization of Engagement of Morris, Manning & Martin, LLP
  8. Approval of Engagement of Real Estate Tax Service Vendor
  9. Approval of Appointment of MERS Corporate Signing Officers
  10. Approval of Delegation of Corporate Authority
  11. Authority to Issue Homeownership Opportunity Bonds Series – $250,000,000
    1. Att A
    2. Att B
    3. Att C
    4. Att D
  12. Approval of Fiscal Year (FY) 2023 Operating Budget and Staffing Changes
  13. Closed Session Pursuant to R.I. Gen. Laws § 42-46-5(a)(2) to Discuss Potential Litigation Matters – Housing Assistance Payments Contract Support Services (formerly Performance-Based Contract Administration) Procurement and Martinez et al. v. Rhode Island Housing and Mortgage Finance Corporation (C.A. No. 83-319)

Recording of RIHousing Board of Commissioners Meeting: 09/15/2022

RIHousing-Board-Meeting_09152022 for 38145
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If you would like to participate and require reasonable accommodations, please contact Rhode Island Relay 711 or call Marilena DiCristofano at RIHousing at 401-457-1135 or mdicristofano@rihousing.com.

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

Are you a Newport resident?

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

Newport-Census-Map

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 44007010100, 44007010501

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