Woonsocket FIRST HOME Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $5,000 (Forgivable Loan)
After five years of living in the home as a primary residence, half of the amount is deferred and the other half becomes a grant.
Eligibility
- Income limits: Must meet HUD HOME Program income limits (generally 80% AMI or below)
- First-time buyer required: Yes
- Geographic restrictions: Must purchase within the City of Woonsocket.
- Homebuyer education required: Yes
How to Apply for Woonsocket FIRST HOME Down Payment Assistance Program
Step 1: Contact the City of Woonsocket Housing and Community Development Division to apply. You must use an approved lender and complete a homebuyer education course.
Notes
Funded through the federal HOME Investment Partnerships Program. Verify current availability and funding status directly with the city.