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RIHousing Spring7500

Administered by:
Rhode Island Housing (RIHousing)
· State · Forgivable Loan
Funding status: Active

How much assistance

$7,500
Forgiven after 5 years of owner-occupancy as primary residence.

Eligibility

  • Income limits: Must meet RIHousing loan and income limits
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Geographic restrictions: Available only in Providence, Pawtucket, Woonsocket, Warwick, Cranston, and East Providence — the six Rhode Island communities most affected by the foreclosure crisis.
  • Homebuyer education required: Yes

How to Apply for RIHousing Spring7500

Contact an RIHousing Participating Lender or the RIHousing Loan Center. Must finance first mortgage through RIHousing. Must occupy the home as primary residence.

Learn More About Homebuying in Rhode Island

Cities Where This Program Is Available (19 cities across 1 state)

Available Statewide In