FHLBank Boston Lift Up Homeownership
Assistance grant · Forgiven over 5 yrs · Income limits · First-time
Down payment assistance · Rhode Island
Buying a home in Rhode Island
18 programs: 11 statewide, the rest run by counties and 2 cities. What you can use depends on where the home is.18 programs across Rhode Island: 11 statewide, the rest run by counties and 2 cities. What you can use depends on where the home is.
Free · No SSN · No credit pull
Start with your county
Local help, prices and income limits differ county to county
- Providence6 local programs · $373,600 · AMI $112,100
- Newport1 local program · $609,700 · AMI $112,100
- All 5 counties
Home values: Census ACS 2024 5-year. Income: HUD FY2026. Programs: Hey Prescott, verified July 2026.
Anywhere in Rhode Island
11 statewide programs
FHLBank Boston Equity Builder Program (EBP)
Assistance grant · Income limits · First-time
FHLBank Boston Housing Our Workforce (HOW)
Forgivable loan · Forgiven over 5 yrs · Income limits
- Veterans · 1
- First-generation homebuyers · 2
- With FHA · 5
- With conventional · 6
- With VA · 5
- With USDA · 7
Plus 62 nationwide programs. See them See nationwide programs
Free help from a person
5 HUD-approved counseling agencies in Rhode Island5 HUD-approved housing counseling agencies in Rhode Island
8 of the 11 statewide programs ask for a homebuyer class first. Create a free account to see who’s near you.8 of the 11 statewide programs ask for a homebuyer class first. Create a free account, take the 90-second match, and we’ll show the counselors near you.
Find my counselor
Free account → 90-second match → your counselors
Income limitsIncome limits and price caps in Rhode IslandArea median income for all 5 counties, and the limit each program sets.See the limits
Rhode Island questions
What is FHLBank Boston Lift Up Homeownership?
FHLBank Boston Lift Up Homeownership, a assistance grant for first-time homebuyers (forgiven over 5 yrs, income limits), open anywhere in Rhode Island and run by Federal Home Loan Bank of Boston (via participating member financial institutions). Its page has the details and a link to the official site.
Which Rhode Island counties run their own programs?
2 counties of 5 have a county or city program listed, among them Providence and Newport. The table above lists them, and each county page has its own programs.
Do I need a homebuyer class in Rhode Island?
Many programs ask for one. 8 of the 11 statewide programs list a homebuyer education requirement. HUD-approved housing counseling agencies teach them, often for free.
Can I use assistance on a Rhode Island condo?
Each program sets which kinds of homes it accepts; the program’s page lists them where the agency publishes them.
2 Rhode Island cities with their own program
All 5 counties