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Bid Description

RI Housing and Mortgage Finance Corporation

Bid Number:ARPA Predevelopment Program 2024

Description
RIHousing announces the availability of funding under the ARPA Predevelopment Program (“APP”) which is being funded through the Coronavirus State and Local Fiscal Recovery Funds (“SLFRF”) pursuant to Section 602 of the American Rescue Plan Act of 2021, P.L 117-2 (the “Act” or “ARPA”) funds. The State of Rhode Island (the “State”) was apportioned $1.13 billion in SLFRF. The State General Assembly appropriated a portion of its SLFRF funds, Ten Million Dollars ($10,000,000) (the “Funds), to the Rhode Island Executive Office of Commerce (the “EOC”) to be allocated by RIHousing for predevelopment activities associated with the development of affordable and supportive housing. Please visit our website to submit an application: https://osa.rihousing.com/funds/50. Please Log In or Register. Once you’re logged in, click Create Project to get started.