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Providence launches $1M RENT Fund with up to $3K grants to prevent evictions, funded by selling city properties.
Providence Mayor Brett Smiley has launched the Rental and Essential Needs Transition (RENT) Fund, a $1 million initiative offering one-time grants of up to $3,000 to renters facing eviction due to financial hardship.
The program, funded by selling two city properties—Asa Messer Elementary School and the Humboldt Avenue Fire Station—aims to prevent displacement during crises.
It is part of a broader strategy that includes eviction defense, code enforcement, tenant and landlord education, and long-term investments in affordable housing through the Providence Housing Trust Fund.
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Providence lanza un fondo de alquiler de $ 1 millón con hasta $ 3 mil subvenciones para prevenir desalojos, financiado por la venta de propiedades de la ciudad.