The Elmhurst Home Ownership program affords Providence College employees and their adult children the opportunity to purchase a home in the area with a minimal downpayment. Initiated by Providence College , and in partnership with Roger Williams Medical Center and Rhode Island Housing (RIH), the program features a $3,000 Providence College grant, reduced fees, and an additional $1,000 grant from RIH (income guidelines need to be met for the RIH grant) specifically for the Providence College community.
Property must be located on one of the following streets:
Property must be currently owned by either an absentee landlord, HUD, bank, or by an estate.
Buyer must live in the property for five consecutive years.