EOH- Site Acquisition Fund Administration for Affordable and Supportive Housing

Rhode Island Executive Office of Housing

Rhode Island Executive Office of Housing is seeking fund administration for affordable housing acquisition loans.

Reference No.

RFP-2025-3128

Description

The Rhode Island Executive Office of Housing (“EOH”) has a $5 million appropriation pursuant to the Housing Acquisition, Development, and Infrastructure Bond Measure (2024) (the “2024 State Housing Bond”) to support the acquisition of properties for development as affordable housing, including but not limited to supportive housing. EOH seeks to seed a revolving loan fund administered by a nonprofit partner with the experience and capacity to underwrite nonprofit organizations (“Borrowers”) to receive a line of credit to be used for the acquisition of properties

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