Rhode Island Housing Down Payment Assistance

Rhode Island Housing

Available Down Payment

About This Program

Provides down payment and closing cost assistance to first-time homebuyers purchasing in Rhode Island. Second mortgage at 0% interest, due when the first mortgage is paid off, refinanced, or the home is sold. Must be combined with a RIHousing first mortgage.

Second mortgage at 0% interest, repayable when first mortgage ends or home sells

Key Details

  • Up to $25,000 for down payment and closing costs
  • For first-time homebuyers in Rhode Island
  • 0% interest, repayable when home sells or refinances
  • Must use RIHousing first mortgage
  • Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Johnston, RI can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Johnston, RI

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