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Resources and Links

Federal Financing Programs

RIHousing administers the HOME Investment Partnership Program (HOME) and Housing Trust Fund (HTF) as the State of Rhode Island’s Participating Jurisdiction (PJ). Funding can be used for new construction, acquisition or restoration of houses and apartments in Rhode Island to help ensure that all Rhode Islanders can afford a safe, healthy home. For HOME, rental proposals must serve households earning no more than 60 percent of area median family income with homeownership proposals serving households earning up to 80 percent of area median income. For HTF, the income targeting is much deeper, serving households at or below 30 percent of area median income. For both, the applicable resale, income and rent restrictions are monitored annually.

If you have questions about the HOME or HTF programs, please contact either Eric Alexander at 401-457-1236 or ealexander@rihousing.com or Belinda Lill at 401-429-1425 or blill@rihousing.com respectively.

General HOME/HTF Resources Home Ownership-Related Resources *Homeowners interested in selling their HOME-assisted unit must notify RIHousing in writing of their intent to sell and will receive an approved resale price from one of our team members. Please contact Heidy Alba, HOME Program Specialist, at halba@rihousing.com or by phone at 401-429-1451 for more information. In order to expedite your request and to assist us in providing you with the most accurate pricing, please provide a copy of your deed (if available), property taxes bill, condominium fees (if applicable), homeowner’s insurance (estimate or actual), and the unit size when making contact.

Construction-Related Resources Relocation Resources

Community Housing Development Organization (CHDO) Resources

CHDOs are private nonprofit, community-based organizations with the staff capacity to develop affordable housing for the community they serve. At least 15% of the HOME Investment Partnership Program funding must be awarded to CHDO owned, developed and/or sponsored projects each year.

Key requirements for CHDOs under the HOME Regulations (24 CFR 92.300(a)(1)) include:

  • Having a governing board consisting of not less than 1/3 low income persons and no more than 1/3 public officials
  • Having a 501(c)(3) or (c)(4) designation from the IRS
  • Having demonstrated capacity to carry out activities
  • Having a history of service within the community where HOME-assisted housing is to be located spanning longer than one year)
  • Having an official purpose to provide decent, affordable housing to low- and moderate-income persons.

Organizations seeking certification or recertification as a CHDO should review and utilize the following tools:

Re/certifications occur upon award of HOME funds. Documentation of CHDO status is not expected until that time but we strongly advise you not to wait to review and gather the applicable documentation. If you have questions about CHDO status, please contact the HOME Program Coordinator at 401-429-1449 or by email at acantoral@rihousing.com.

Compliance-Related Resources

Developer's Handbook

The Developer's Handbook is the guide to submitting a request for financing the construction, acquisition or restoration of apartments to help ensure that all Rhode Islanders can afford a safe, healthy home. Priority will be given to proposals that revitalize neighborhoods with aging housing stock, serve families or build apartments in areas where affordable rental homes are hard to find. Proposals must serve households earning no more than 60 percent of area median family income.

To view the Developers Handbook, see the links below. You may save or download the first ten sections of the handbook as PDFs. Section 11 is an Excel file with multiple tabs. For more information, contact contact Anne Berman at development@rihousing.com or at 401-457-1269.
If you have any questions or suggestions, contact Anne Berman at development@rihousing.com or at 401-457-1269.
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