Assistance grant
Central Falls Closing Cost Assistance Program
First-time homebuyers · Income limits
Down payment assistance · Providence County
Buying a home in Central Falls, RI
1 Central Falls program, 3 county programs and 11 statewide.Central Falls has 1 program of its own, 3 more across Providence County, and 11 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
Find my programs Free · No credit pull · 90 seconds
Only for Central Falls addresses
Central Falls’s own program
Anywhere in ProvidenceAnywhere in Providence County
3 county programs3 county programs a Central Falls homebuyer can also use
2 more programs are for homes in Cranston and Providence. See them 2 programs in neighboring cities — for homes inside those cities, not Central Falls
- Cranston — City of Cranston First-Time Homebuyers Closing Cost Assistance Program
- Providence — SWAP Inc. Community Land Trust Affordable Homeownership (Build a Buyer)
The Central Falls marketThe Central Falls housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Central Falls
- 10.6% single-familysingle-family
- 6% townhousetownhouse
- 63.8% 2–4 units2–4 units
- 19.6% 5+ unitscondo & apartment buildings (5+ units)
- 0% mobile & othermobile home & other
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Central Falls’s homes were built
pre-19401970s2020+
74.5%
of Central Falls homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$112,100
County area median income, 4 people (HUD)HUD area median income, Providence County, 4-person household (2026)
$49,285
Central Falls median household incomeMedian household income in Central Falls (Census, 2024)
16 of the 77 programs here set their income limit as a share of Providence County’s area median income, adjusted for household size. See the published limits for Providence County
Free help nearbyFree help near Central Falls
6 HUD-approved counseling agencies within 15 miles6 HUD-approved housing counseling agencies within 15 miles
4 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 4 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
Find my counselor
Free account → 90-second match → your counselors · Sign in
Across Rhode Island and nationwide
73 statewide & federal programs11 statewide programs, plus federal options
Central Falls questions
Does Central Falls have its own down payment program?
Yes, one: Central Falls Closing Cost Assistance Program, a assistance grant for first-time homebuyers (forgiven over 5 yrs, income limits). It is for homes inside Central Falls.
Can I use assistance on a condo in Central Falls?
Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.
What is the income limit in Providence County?
Each program sets its own. 16 of the programs here set theirs as a share of HUD’s area median income for Providence County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Central Falls?
HUD-approved housing counseling agencies teach homebuyer classes, and 6 agencies are within 15 miles of Central Falls. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
02863
Nearby in Providence
Sources
Sources: agency sites (July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.