Resources for Buyers and Renters
If you are looking for a home to rent or buy that meets your household's income, the following organizations are a great place to start.
| Broad Street Revitalization, originally developed by Community Works Rhode Island and now owned and managed by ONE Neighborhood Builders, includes a mix of rental and homeownership units.
Whether renting or buying, it is best to have your housing costs be no more than 30 percent of your gross monthly income. For households earning less than median income, this can be a struggle. You may qualify for some programs that provide for long-term affordability if you fall below certain income limits depending on household size. For rentals, incomes below 80 percent of area median income may qualify; and for home ownership, incomes below 120 percent of area median income may qualify. Speaking to a housing counselor at the organizations below will help you learn more about your options.
RIHousing works to ensure that all people who live and work in Rhode Island can afford a safe, healthy home that meets their needs. They provide resources for both buyers and renters, including low-interest loans, grants, education, a rental resource guide, advocacy and consumer counseling to help their customers buy and retain their homes.
RIHousing also sponsors HousingSearchRI.org, a free online rental listing service that links people who need housing with the housing they need.