Rhode Island Housing Awards Financial Services Contract to Trinity Financial Inc (September 2026)
Rhode Island HousingLocal Housing Authority · Providence, RI- Disclosed value
- Tax-exempt financing not to exceed $10,561,100, including $5,661,100 remaining as permanent first-mortgage debt; $2,800,000 Housing 2030 Preservation Loan; and $999,000 Capital Magnet Fund loan
- From minutes
- Approved
- Sep 17, 2026
The 30-second brief
RIHousing approved firm financing for Trinity Financial, Inc.’s Newport Heights Phase I affordable-housing development. The package includes up to $10.561 million in tax-exempt financing, a $2.8 million preservation loan, and a $999,000 Capital Magnet Fund loan, with bonds limited to a 40-year term.
Trinity Financial Inc holds this financial services contract with Rhode Island Housing. Its other public contracts on record include work for Westchester County and Housing Authority of the city of Hartford.
Term as filed: Tax-exempt bonds with a term not to exceed 40 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Tax-exempt financing not to exceed $10,561,100, including $5,661,100 remaining as permanent first-mortgage debt; $2,800,000 Housing 2030 Preservation Loan; and $999,000 Capital Magnet Fund loan
- Document date
- September 17, 2026
- Term
- Tax-exempt bonds with a term not to exceed 40 years
- Vendor
- Trinity Financial Inc
- Agency
- Rhode Island Housing
- Source document
- Rhode Island Housing and Mortgage Finance Corporation Minutes Board of Commissioners Meeting September 17, 2026 (Minutes)
Trinity Financial Inc's other public contracts
More Rhode Island Housing contracts
Questions about this contract
Who was awarded the financial services contract by Rhode Island Housing?
Trinity Financial Inc was awarded this financial services contract by Rhode Island Housing, as recorded on September 17, 2026. The contract value is Tax-exempt financing not to exceed $10,561,100, including $5,661,100 remaining as permanent first-mortgage debt; $2,800,000 Housing 2030 Preservation Loan; and $999,000 Capital Magnet Fund loan.
How much is the Trinity Financial Inc contract with Rhode Island Housing worth?
The Trinity Financial Inc contract with Rhode Island Housing is valued at Tax-exempt financing not to exceed $10,561,100, including $5,661,100 remaining as permanent first-mortgage debt; $2,800,000 Housing 2030 Preservation Loan; and $999,000 Capital Magnet Fund loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Rhode Island Housing and Mortgage Finance Corporation Minutes Board of Commissioners Meeting September 17, 2026 (Minutes), dated September 17, 2026 from Rhode Island Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Trinity Financial Inc hold?
Trinity Financial Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Rhode Island Housing currently buying?
Explore Rhode Island Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.