R.I. first-time homebuyers get a boost from state treasurer’s office

Rhode Island General Treasurer James Diossa’s office on Dec. 4, 2025, unveiled a $60 million program to help first-time homebuyers access low-interest mortgages. (Photo by Christopher Shea/Rhode Island Current)

Rhode Island General Treasurer James Diossa has committed $60 million in state deposits to help first-time homebuyers secure 30-year mortgages under a pilot program unveiled Thursday.

For RI AnchorHome the state is partnering with three local financial institutions. Once a potential home owner qualifies for a loan, the state will deposit matching funds into their mortgage account to offset any debt…

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