Cranston Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $5,000 (50% match of required down payment) (Grant)
Becomes a grant after homeowner has resided in the property for 5 years.
Eligibility
- Income limits: Must meet HUD income limits based on household size
- First-time buyer required: Yes
- Geographic restrictions: Must purchase a home within the City of Cranston.
How to Apply for Cranston Down Payment Assistance Program
Step 1: Contact the Cranston Department of Community Development. Laura-Jean Ferranti at (401) 780-6240 or lferranti@cranstonri.org.
Notes
Matching fund program: provides 50% of the required down payment. Cannot be combined with the Cranston Closing Cost Assistance Program.