RI Realtors Homebuyer Grant
Funding status: Active
How much assistance
$1,000 grant ($2,000 for veterans or active military) (Grant)
Immediately forgivable.
Eligibility
- Income limits: Household income at or below $92,080
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Geographic restrictions: Must purchase in Rhode Island.
How to Apply for RI Realtors Homebuyer Grant
Step 1: Apply through an RIHousing Participating Lender or the RIHousing Loan Center. Must obtain an RIHousing-funded first mortgage. Funds are limited and allocated on a first-come, first-served basis.
Notes
2026 round launched March 10, 2026 with $50,000 in total available funding. Veterans and active military receive $2,000 instead of $1,000.