Allows an individual, who is a first-time homebuyer, to contribute funds to a first- time homebuyers saving account with Rhode Island Housing to pay for eligible costs to purchase a home.
Establishes a revolving fund to assist first-time home buyers and veterans to purchase a home in Rhode Island by issuing grants of up to forty thousand dollars ($40,000).
Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Establishes the first time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Establishes the Housing Flexible Spending Account Act of 2025 allowing Rhode Island employers to contribute pre-tax income into a housing flexible spending account (H-FSA), for employees to be used for qualified housing expenses.
Requires the Rhode Island housing authority to update the count of affordable housing stock in the town of Tiverton two (2) times per year.
Requires the Rhode Island housing authority to update the count of affordable housing stock in the town of Tiverton two (2) times per year.
Creates the Rhode Island Student Loan repayment program which would allow eligible individuals who have unpaid student loans, provided said individuals meet specified criteria.
Creates the Rhode Island Student Loan repayment program which would allow eligible individuals who have unpaid student loans, provided said individuals meet specified criteria.
Clarifies Wavemaker program eligibility to include all full-time Rhode Island medical practitioners.