2009 Rhode Island Code
Title 45 - Towns and cities
CHAPTER 45-33.1 - Rehabilitation Loans
§ 45-33.1-1 - Rehabilitation loans.
SECTION 45-33.1-1
§ 45-33.1-1 Rehabilitation loans. – The various cities and towns and their respective redevelopment agencies are severally authorized to make secured and unsecured loans with or without interest to any one or more persons, partnerships, or corporations for the purpose of making repairs, rehabilitation, or alterations to structures located within their respective communities. These loans may be made to bring those structures into compliance with their respective housing standards, or into compliance with rehabilitation standards contained in any redevelopment plan approved pursuant to chapters 31 – 33 of this title, or to improve the respective structures, real estate, or neighborhoods. These loans may also be made to state-chartered limited equity housing cooperatives.
Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
