Rhode Island Housing FirstHomes Program

Rhode Island Housing

Available Down Payment

About This Program

Provides down payment and closing cost assistance grants up to $7,500 plus below-market interest rate mortgages to first-time homebuyers in South Kingstown. Includes homebuyer education requirement. Grant does not require repayment if home is owner-occupied for 5 years.

Grant of up to $7,500 for down payment/closing costs, plus favorable mortgage rate

Official source site checked live on 2026-06-17.

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

Key Details

  • Grant up to $7,500 for down payment/closing costs
  • Below-market interest rate mortgage available
  • Must complete homebuyer education course
  • Grant forgiven after 5 years of owner-occupancy
  • Income limits apply based on household size

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing program subject to funding availability

Questions about this program?

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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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