| Description |
| Rhode Island Housing and Mortgage Finance Corporation (“RIHousing”) is a privately funded public purpose corporation and instrumentality of the State of Rhode Island (the “State”) exercising public and essential governmental functions, which has a distinct legal existence from the State, and has such purposes and powers as are set forth in Chapter 55 of Title 42 of the Rhode Island General Laws of 1956, as amended (the “Enabling Act”). RIHousing was created to address the housing needs of low- and moderate-income Rhode Islanders by encouraging the investment of private capital to stimulate the construction and rehabilitation of housing, providing construction and mortgage loans to eligible homebuyers, and making provisions for the purchase of mortgage loans through the use of public funds.
Rhode Island Housing and Mortgage Finance Corporation (“RIHousing”) is a public corporation and instrumentality of the State of Rhode Island, organized pursuant to chapter 55 of title 42 of the Rhode Island General Laws. Under its enabling legislation, RIHousing is empowered to provide financing to assist persons and families of low- and moderate-income obtain affordable housing, including through the issuance of taxable and tax-exempt debt to finance loans to homebuyers and developers, operation of a mortgage credit certificate program, participation in Section 8 and tax credit programs, and engagement in other types of financing activities. RIHousing seeks to engage one or more qualified law firms to provide specialized tax and bond counsel services related to the issuance of taxable and tax-exempt debt in support of the agency’s single-family and multi-family mortgage revenue bond programs. RIHousing is inviting all interested and qualified firms to apply to provide legal services as Bond Counsel or Issuer’s Counsel in support of RIHousing’s mortgage revenue bond programs. The selected firm or firms shall be engaged for a period ending on November 30, 2027. |
