Sign Up
SB 456 Rhode Island Senate · 2025 Regular Session

AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND HOUSING AND MORTGAGE FINANCE CORPORATION

Summary
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).
Issues: ✓ HousingSupports HousingEstablishes $40k grants for first-time homebuyers/veterans, directly funding affordable housing access through state assistance.95% confidence ✓ VeteransSupports VeteransBill provides $40,000 grants specifically to veterans for home purchases, directly funding housing benefits as a veteran service.95% confidence
Sub-Topics: Homeownership Mortgages
Bill status died 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2025 Last action Mar 4, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 4, 2025
Committee
03/04/2025 Committee recommended measure be held for further study
legislature
Feb 26, 2025
Introduced
02/26/2025 Introduced, referred to Senate Finance
upper
7 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ana Quezada
Ana Quezada
DDemocratic
RI
2
P
Photo of Frank Ciccone
Frank Ciccone
DDemocratic
RI
7
P
Photo of Jonathon Acosta
Jonathon Acosta
DDemocratic
RI
16
P
Photo of Matt LaMountain
Matt LaMountain
DDemocratic
RI
31
P
Photo of Ryan Pearson
Ryan Pearson
DDemocratic
RI
19
P
Photo of Thomas Paolino
Thomas Paolino
RRepublican
RI
17
P
Photo of Tiara Mack
Tiara Mack
DDemocratic
RI
6