Housing and Real Estate

One of the first signs of a strong healthy community is the existence of well-maintained housing that addresses the needs of a range of income levels. High-quality, affordable housing is a core element of creating communities of choice.

Homes that have rents or mortgage payments within the financial reach of local families ensure that residents have more disposable income to spend on healthcare, food, childcare, and other necessities.

"A huge swath of Rhode Islanders need help to find affordable housing in our State. We're proud of our support of housing at all levels of opportunity, but so much more needs to be done."
— Jeanne Cola, Executive Director

Affordable housing has benefits that extend beyond the walls of a home to the community at large. It boosts spending and employment in the surrounding economy, brings revenue into local governments, stabilizes neighborhoods, improves health and education outcomes, and reduces the likelihood of foreclosure.

We have invested in
10,140 homes
in Rhode Island communities

To make this all happen, we provide grants, loans and equity for nearly every aspect of development, from planning and acquisition to construction and ren­ovation. We support investment in equitable housing development by providing a variety of loan types for affordable housing projects as well as Low Income Housing Tax Credit (LIHTC) equity through our affiliate subsidiary National Equity Fund (NEF).  In addition, we offer grant opportunities for capacity building to non-profit Community Development Corporations through our Neighborhood Development Fund. We also provide technical assistance to non-profit housing developers and host an ongoing Community Leadership series designed to provide an opportunity to share and learn industry best practices.

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Featured Project: Harbor House, Newport

Harbor House is a Church Community Housing Corporation property located in the historic Point neighborhood of Newport and overlooks Narragansett Bay and the Newport Bridge. 

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Partner Profile

Church Community Housing Corporation has focused on improving housing options for low and moderate income residents in Newport since it first opened in 1969. 

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Jane Elliot, Harbor House Resident

Jane Elliot was on track to be a concert pianist. A coveted scholarship to the Julliard School of Music would surely propel the prodigy to new heights. However, an unwelcomed choice as a teenager put Elliot on a very different path. 

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Contact

Jeremiah O'Grady, Senior Program Officer, Lending
Email