Rhode Island Housing FirstHomes Program

Rhode Island Housing

Available Down Payment

About This Program

Provides down payment and closing cost assistance to first-time homebuyers purchasing in Rhode Island. Assistance is a 10-year forgivable second mortgage that reduces 10% each year.

Down payment assistance loan, forgiven over 10 years

Key Details

  • Up to $7,500 for down payment and closing costs
  • Must be first-time homebuyer
  • Income limits vary by household size
  • Forgivable over 10 years
  • Available statewide including Woonsocket

How to Apply

Get free help applying Visit Official Program Page Track this program

(401) 457-1234

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

Deadline: Ongoing

Need a Contractor for This Grant?

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

Get matched with a pro, free Browse Woonsocket, RI contractors

Find More Programs in Woonsocket, RI

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs