Rhode Island General Laws Title 42. State Affairs and Government § 42-128-2.1. Housing Production Fund

(a) There is hereby established a restricted receipt account within the general fund of the state, to be known as the housing production fund. Funds from this account shall be administered by the Rhode Island housing and mortgage finance corporation, subject to program and reporting guidelines adopted by the coordinating committee of the Rhode Island housing resources commission for housing production initiatives, including:

(b) In administering the housing production fund, the Rhode Island housing and mortgage finance corporation shall give priority to households either exiting homelessness or earning not more than thirty percent (30%) of area median income.