FirstGenHomeRI, First-Generation Homebuyer Assistance

RIHousing

Available Home Repair

About This Program

FirstGenHomeRI, First-Generation Homebuyer Assistance is available in Providence, RI.

FirstGenHomeRI provides $25,000 in forgivable down payment and closing cost assistance (0% interest, no payments, forgiven after 5 years) to first-generation homebuyers in targeted Rhode Island communities including most of Providence (zip code 02906 excluded). Eligible buyers must be purchasing their first home, or their parents lost a home to foreclosure/short sale and don't currently own. Must use a RIHousing first mortgage and complete homebuyer education.

$25,000 forgivable grant: 0% interest, no payments, forgiven after 5 years if owner-occupied.

Official source site checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Providence, RI, you can combine this program with other local help to cut your cost:

Key Details

  • $25,000 for down payment and closing costs; 0% interest, no monthly payments
  • Forgiven after 5 years if you own and live in the home
  • First-generation buyer: first in family to buy, or family lost home to foreclosure
  • Available in most Providence zip codes (02906 excluded)
  • Requires credit score 660+, RIHousing first mortgage, and homebuyer education

How to Apply

Get free help applying Visit Official Program Page Track this program

401-457-1234

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Providence early keeps your application moving.

Get matched with a contractor

This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing; apply through RIHousing-approved lender

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can FirstGenHomeRI, First-Generation Homebuyer Assistance provide in Providence, RI?

$25,000 for down payment and closing costs.

How do I apply for FirstGenHomeRI, First-Generation Homebuyer Assistance in Providence, RI?

Apply directly with RIHousing using the official program link on this page or call 401-457-1234. There is no middleman and no fee.

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 Providence, RI contractors

Find More Programs in Providence, RI

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

See All Programs