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Rhode Island

Rhode Island: Section 8 properties with a decision coming

HUD's file lists 268 active project-based assistance contracts in Rhode Island, covering 18,222 assisted units. 61 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 20 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

268active contracts on 249 properties
61reaching final expiration by Oct 2028 (1,531 assisted units)
20HAP contracts with rents under 90% of FMR
4FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Boucher ApartmentsWoonsocket, Providence County7431202/162 SROct 2026107%FHA 01611042
Grandview SecondProvidence, Providence County1919PRAC/811Nov 202679%202/811
Hatton Street ApartmentsEast Providence, Providence County66PRAC/811Nov 202675%202/811
Woodland Estates (Tlr Realty)Johnston, Providence County1010PRAC/811Dec 202670%202/811
Russo Street Apts.Providence, Providence County1010PRAC/811Dec 202680%202/811
Woodland Estates (Ljr Corp.)Johnston, Providence County1010PRAC/811Dec 202672%202/811
Pierce Street ApartmentsWesterly, Washington County1010PRAC/811Dec 202687%
Blackstone ApartmentsWoonsocket, Providence County4738LMSAJan 202784%Insured
Blackstone ApartmentsWoonsocket, Providence County479LMSAJan 202784%Insured
Leo R Tanguay ApartmentsWoonsocket, Providence County88PRAC/811Jan 2027105%202/811
Hillcrest VillageProvidence, Providence County130130HFDA/8 NCJan 2027122%FHA 01698081
Warm Supportive HomesWesterly, Washington County88PRAC/811Jan 202773%202/811
East Long Pond ApartmentsProvidence, Providence County1010PRAC/811Jan 202785%
Grandview AptsProvidence, Providence County1816202/8 NCFeb 202790%
Villa NiaMiddletown, Newport County1515PRAC/811Feb 202775%202/811
George Galen Wheeler House, Inc.Warwick, Kent County55PRAC/811Feb 202775%202/811
Willow Street Supportive HsngProvidence, Providence County1212PRAC/811Mar 202777%202/811
Wentworth ApartmentsCranston, Providence County1515PRAC/811Mar 202778%202/811
Willow HouseWoonsocket, Providence County1010PAC/811Mar 2027115%202/811
Obed ApartmentsNorth Providence, Providence County1010PRAC/811Mar 202775%202/811
Freedom HouseMiddletown, Newport County1010PRAC/811Mar 202771%202/811
Shooting Star ApartmentsProvidence, Providence County33PRAC/811Apr 2027105%202/811
Mumford ManorNewport, Newport County3434202/8 NCApr 202785%FHA 01698082
Austin PlacePawtucket, Providence County1515PRAC/811Apr 202799%202/811
Belmont CommonsPawtucket, Providence County1010PRAC/811Apr 2027101%202/811
Access HousingPawtucket, Providence County1210PRAC/811Jun 2027111%202/811
193 Waterman Avenue ApartmentsEast Providence, Providence County1010PRAC/811Jun 202768%202/811
Jm ApartmentsCentral Falls, Providence County1010PRAC/811Jun 202799%202/811
Stand Down ApartmentsProvidence, Providence County1010PRAC/811Jun 2027102%202/811
Thomas Wilbur HomesteadWarwick, Kent County55PRAC/811Jun 202753%202/811
5-7 John StreetWoonsocket, Providence County88PRAC/811Jun 202784%202/811
Shore CourtsNorth Kingstown, Washington County1110PRAC/811Jul 202771%202/811
Cara EstatesJohnston, Providence County1111PRAC/811Aug 202792%202/811
Elmhurst HouseNorth Providence, Providence County3029PRAC/811Aug 2027103%202/811
Bvarc HousingPawtucket, Providence County1111PRAC/811Aug 202765%202/811
Map Alcohol And Drug Rehabilitative Services, IncProvidence, Providence County1010PRAC/811Aug 2027121%202/811
Malm ManorPawtucket, Providence County109PRAC/811Aug 2027166%202/811
Wilson Street ApartmentsProvidence, Providence County1010PRAC/811Aug 202772%202/811
Fieldstone AptsNarragansett, Washington County2424HFDA/8 SRSep 2027134%FHA 01698085
Independence HouseProvidence, Providence County2626PRAC/811Sep 2027102%202/811
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Quaker ManorPortsmouth, Newport County404040%Oct 2037Oct 2037Run math
Historic Prospect Heights IIPawtucket, Providence County19019056%Jan 2038Jan 2038Run math
Historic Prospect Heights IIIPawtucket, Providence County969660%Dec 2037Dec 2037Run math
Prospect Heights Phase IPawtucket, Providence County10110160%Jul 2037Jul 2027Run math
Rockland OaksScituate, Providence County242469%Dec 2043Dec 2043Run math
Bayside VillageNewport, Newport County1119779%Dec 2036Dec 2026Run math
102 LinwoodProvidence, Providence County382681%Mar 2040Mar 2027Run math
Ahepa 245 AptsNewport, Newport County424281%May 2031May 2027Run math
Blackstone ApartmentsWoonsocket, Providence County473884%Jan 2027Jan 2027Run math
Oxford PlaceProvidence, Providence County787884%Dec 2037Dec 2026Run math
Mumford ManorNewport, Newport County343485%Apr 2027Apr 2027Run math
Anthony HousePortsmouth, Newport County717086%Sep 2031Sep 2027Run math
Villa ExcelsiorProvidence, Providence County767690%Nov 2034Nov 2034Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

HUD-insured loans maturing in the next five years

A HUD loan amortizes to zero, so a near maturity usually means a small balance left on an older building. The list shows only what HUD's file says: the loan, its balance and its maturity date. It says nothing about any owner's plans, other debt or willingness to sell.

PropertyUnitsProgramBalanceMatures
Regal CourtE Greenwich 02818 · FHA 01698005 35 542(c) $44,585 May 2027
Barrington Cove AptsBarrington 02806 · FHA 01698007 60 542(c) $93,249 Jun 2027
Meadowbrook AptsSouth Kingston 02828 · FHA 01698003 47 542(c) $205,981 Jul 2028
Bistol Assisted LivingBristol 02809 · FHA 01698013 92 542(c) $1,162,738 Aug 2031
Source: HUD Insured Multifamily Mortgages file, data as of September 30, 2026.

Filter every Rhode Island contract

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Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

We match on HUD's contract number, so a renewal under a new contract number shows up as this one expiring. Every contract is in the download files if you'd rather track them yourself.

The list holds the Rhode Island contracts in the tables above. Use "Watch" in the filter to add any other contract.

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Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

Not affiliated with HUD. Inclusion here doesn't mean a property is for sale. How this data is built.