Rhode Island Housing: Working together to bring you home

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Builders and Developers


RIHousing is dedicated to ensuring that all people who live and work in Rhode Island can afford a safe, healthy home, and afford to keep it. In partnering with developers throughout the state’s urban, suburban and rural areas, we are working together to help build a better Rhode Island.
Click here for a list of current Requests for Proposals (RFPs)
Section 811 Supportive Housing for Persons with Disabilities

Click here for more details.
Statement of Fair Housing Policy

To assure consistency across all programs and initiatives, the Office of Housing and Community Development and RIHousing developed the attached Statement of Fair Housing Policy. This policy must be followed when financial assistance is provided by the State of Rhode Island or RIHousing, as well as for homes to be considered affordable under the terms of the Rhode Island Low and Moderate Income Housing Act RIGL 45-53.
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 Stacy Wasserman at swasserman@rihousing.com or via mail to 44 Washington Street, Providence, RI 02903. If you have any questions, please contact Stacy via email or 401-457-1242.

Letter of Eligibility Application

As you pursue opportunities to develop homes in Rhode Island, RIHousing can help. We not only have the knowledge and resources needed to support your development plans but we are also committed to forming creative strategies and facilitating relationships to meet your specific needs.

Building a Better Rhode Island
RIHousing provides:
• Unique opportunities for developers to work with us on a wide range of projects throughout the state 
• Productive business opportunities through our relationships with other agencies and our ability to provide flexible financing and technical support 

Facilitating the production of more homes
At RIHousing, we understand the complexities involved in the production of homes. We also understand how market conditions, including holding costs during the permitting process, create considerable risk. We can help by mitigating your risks with customized financing options and by using our technical and financial resources to build collaborative relationships that help minimize the time spent during the approval process.

Your community financing partner
A sound business decision begins with sound financing. RIHousingg offers a wide array of safe, affordable funding options and flexible financing services that are available to you directly through us, or through the lender of your choice.

Construction financing
Long-term, fixed-rate, permanent financing
Interim financing with fixed or floating rates
Land-bank loans for municipalities and eligible developers

Your partner for technical support
Our support for your development continues from the onset of your project to its completion. Throughout the process, RIHousing provides a wide range of services that work to inform and support you. We apply our expertise in ways that are most beneficial to you.

• Plan implementation reviews
• Technical and financial evaluations for comprehensive permit eligibility
• Design review and construction management
• Guidance on compliance with Fair Housing laws and Rhode Island’s Low and Moderate Income Housing Act

To learn more about how RIHousing can provide financing or technical support for your development, call 457-1234 or contact us at development@rihousing.com.

Grants, Loans and Funding Options
Acquisition and Revitalization Program
HOME Program & HOME Awards
Lead Hazard Reduction Program
Low-Income Housing Tax Credits
Providence Receivership Loan Program
Pre-development Loan
Preservation loans
Rental Housing Production Program
Gap Financing
Neighborhood Opportunities Program
      • Program Guidelines
      • 2018 NOP Minimum Rents
      • 2017-2018 Income Limits
      • 2018 Utility Allowances & Housing Type Definitions
Building Homes Rhode Island
Thresholds

Resources
Developers Handbook
2018-2019 Qualified Allocation Plan (QAP)
Statement of Fair Housing Policy

Program Bulletins

RIHousing Help Center HHFRI RIHousing Online Homebuyer Education HousingSearchRI.org Equal Housing Opportunity