Board meetings, strategic plans, and buyer signals from Val Lingasami’s organization
Aug 27, 2026·BoardMeeting
Board
Board of Commissioners of Rhode Island Housing and Mortgage Finance Corporation Minutes Of Meeting
The Board discussed the Executive Director’s operational reports, including updates on homeownership lending, delinquency strategies, department reorganization, and proposed fiscal goals. The Board approved contracts for IT network services with Oshean, Inc. and workflow and compliance software with ProLink Solutions. Amendments to the Surplus Property Land Bank Guidelines were adopted. Additionally, the Board engaged Bonz and Company, Inc. as a Rent Comparability Study reviewer and authorized the appointment of a new General Partner for University Heights Apartments, L.P. Preliminary financing approvals were granted for three affordable housing developments: Public and Pine in Providence, Winsor Gardens Phase I in Smithfield, and Tidewater School Street in Pawtucket. Finally, the Board convened in a closed session to review the Executive Director's performance and compensation.
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The Board of Commissioners discussed various operational and financial items, including the Executive Director's review of recent activities, trends, and housing-related legislation. The Board approved external charitable donations and contributions, adopted the Fiscal Year 2027 Operating Budget, and authorized awards for the Extremely Low-Income (RIH-ELI) Program. Additionally, the Board granted firm approval for first mortgage financing for the Mapleroot Ramblewood project in Coventry.
Jun 18, 2026·BoardMeeting
Board
Trustees Of The Affordable Housing Trust Fund Minutes Of Meeting
The Trustees reviewed and approved the Homeownership Investment Fund (HIF) funding awards. Specifically, the board authorized up to $440,275 in funding for the Village at Broad Rock project in South Kingstown, sponsored by Habitat for Humanity—South County. This project involves the construction of three new single-family homes designed for households with incomes at or below 80% to 100% of the area median income.
May 28, 2026·BoardMeeting
Board
Rhode Island Housing and Mortgage Finance Corporation Board of Commissioners Minutes Of Meeting
The Board meeting covered a broad agenda, including reports on Homeownership and Development activities, staff transitions, and the approval of various vendors and financing initiatives. Key approvals included the engagement of the Narragansett Indian Tribal Historic Preservation Office for LeadSafe Homes Program consultations, the selection of Reals Projects LLC for radon testing, and the engagement of inspection and laboratory service providers. Additionally, the Board authorized bond issuance, approved penetration testing and security consultation services, and granted preliminary financing commitments for the Lockwood Plaza Phase II and Shalom Apartments rehabilitation projects.
Extracted from official board minutes, strategic plans, and video transcripts.
