On 11/27/23, Governor Dan McKee, the Department of Housing, and RIHousing announced the availability of over $90 million in funding for programs that support the development, preservation and operation of affordable housing in Rhode Island. Of the 13 programs included in this round of funding, five are funded with more than $65 million in State Fiscal Recovery Funds, part of the Governor’s and General Assembly’s historic investment of over $321 million in housing across the state.
Most of the programs focus on housing for households with income at or below 80% of the Area Median Income, including supportive housing for persons experiencing homelessness or at risk of homelessness.
RIHousing, in partnership with the State Department of Housing, adopted a consolidated funding application that interested development partners can use to apply for multiple funding sources before 4 pm EST on 1/16/24. Learn more here.