Rhode Island FirstDown Payment Assistance

Rhode Island Housing

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Rhode Island purchasing a primary residence, with grants that do not require repayment if the home is occupied for at least 5 years.

Down payment assistance grant for qualifying first-time buyers

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $7,500 for down payment and closing costs
  • For first-time homebuyers in Rhode Island
  • Income and purchase price limits apply
  • Grant forgiven after 5 years occupancy
  • Must complete homebuyer education

How to Apply

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

Deadline: Ongoing subject to funding

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Need a Contractor for This Grant?

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

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