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Resources and Links

Federal Financing Programs

Rhode Island Housing 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.

Application & Forms 
Currently, HOME and HTF are not accepting applications. Expect an HTF application in June/July of 2017 and a new HOME application in the fall.

Rhode Island Housing has implemented a training program for all new developer partners and property managers where we review HOME/HTF policies, procedures, and the Rhode Island Housing application, award, and compliance process. The next training session date is forthcoming – stay tuned! Until then, contact Ainsley Cantoral, HOME Program Coordinator at acantoral@rihousing.com or via phone at 401-429-1449 for more information about our HOME and HTF programs.

General HOME/HTF Resources Home Ownership-Related Resources *Homeowners interested in selling their HOME-assisted unit must notify Rhode Island Housing 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

Compliance-Related Resources

For more information, contact us at 401-429-1449 or email us at acantoral@rihousing.com.

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 us at 401-457-1234 or development@rihousing.com.

Introduction (PDF)
Section 1: Resources (PDF)
Section 2: Funding Process (PDF)
Section 3: Guidelines for Development (PDF)
Section 4: Preservation Program (PDF)
Section 5: Assisted Living (PDF)
Section 6: Application Cover Letter (PDF)  
 - Application Checklist (Fillable Word)  
 - Application (Fillable Word)
 - Application Self Scoring Sheet (Excel)
 - Financial & Performance Disclosures (Fillable Word)
 - Public Official & Employees Disclosure (Fillable Word)
 - Scoring Certification (Fillable Word)
 - Certification & Authorization (Fillable Word)
 - Application REO Worksheet (Excel)
Section 7: 2017-2018 Qualified Allocation Plan (PDF)
Section 8: Low Income Housing Tax Credit Compliance Manual (PDF)
Section 9: Program Bulletins (PDF)
Section 10: Statistical Data and Forms (Word)
Section 11: Proforma (PDF)
-Proforma (Excel)

If you have any questions or suggestions, contact us at development@rihousing.com or at 401-457-1234.

Links
Current requests for proposals
GrowSmart RI
Housing market in RI
General housing information
Housing Resources Commission
Community Development Block Grants (CDBG)
Corporation for Supportive Housing
HUD Newsroom (Homes & Communities)
Letter of Eligibility application

Affiliated Sites

Rhode Island Housing Help Center HHFRI Rhode Island Housing Online Homebuyer Education HomeLocatorRI.net HousingWorksRI Fair Housing Rhode Island Equal Housing Opportunity