Find the perfect Rhode Island down payment assistance program for you. Unlock the financial support you need to make your homeownership dreams a reality.
Rhode Island offers three incredible programs that provide up to $25,000 in down payment and closing cost assistance.
Whether you're a first-time homebuyer, a first-generation buyer, or just need a little extra help, there's a program designed to fit your needs.
Use our simple eligibility calculator to find out which programs you qualify for and take the first step toward owning your home in Rhode Island.
Here’s a closer look at the three programs available to Rhode Island homebuyers:
Perfect for first-generation homebuyers, this program offers up to $25,000 in forgivable down payment and closing cost assistance. Maintain your home as a primary residence for at least five years, and the loan is fully forgiven.
Receive up to $15,000 in forgivable assistance for your down payment and closing costs. Stay in your home for five years, and you won’t have to repay the loan.
Offers up to 6% of your home’s purchase price or $20,000 (whichever is less) as a second mortgage loan with affordable terms.
