For more than 30 years, Rhode Island Housing has invested over $3.2 Billion dollars providing low-interest loans, grants, education, advocacy and consumer counseling to help customers rent, buy and retain their homes in Rhode Island through special programs such as rental assistance, homebuyer education, and safe, affordable mortgages.  

Rhode Island Housing is a self-sustaining public agency, bringing about 400 million in investor dollars into the state each year, by selling tax-exempt bonds, without any funding from the State. Everything earned is reinvested to provide safe and affordable homes for low- and moderate-income Rhode Islanders. Rhode Island Housing has helped more than 60,000 families buy homes and have financed more than 14,000 homes to rent.

This week Rich and Steve spoke with Cathleen Paniccia, the Director of Homeownership at RI Housing about the great programs they offer such as:

HelpCenter Homebuyer Education
First-time homebuyer services
Emergency Housing Assistance Funds
Heat Assistance   Tax Lien Assistance (Madeline Walker Act)
Family Self-Sufficiency
Foundations of Senior Health
Neighborhood Revitalization Program
YouthRAP

 

This Week’s Real Estate Insight:

As their mission statement says,” Rhode Island Housing works to ensure that all people who live or work in Rhode Island can afford a safe, healthy home that meets their needs. Our belief is that a home encompasses much more than four walls and a roof.  A good home provides the foundation upon which families can thrive, children can learn and grow, and communities can prosper.”