Gov. Dan McKee presented a West Warwick family with the keys to their new home on Wednesday, marking the 100th closing facilitated by a statewide program created to support first-time homebuyers. The Cruz family received $17,500 from the program earlier this year, which covered their down payment and closing costs. The Rhode Island Housing Secretary Stefan Pryor highlighted that owning a home is a significant accomplishment and the team at RIHousing is proud to review applications and administer grants. The program aims to assist first-time homebuyers and is federally funded through the American Rescue Plan Act. The eligibility requirements include a credit score of 660 or higher, a household income below $112,555 (1-2 person household) or $129,438 (3 or more person household), a maximum purchase price of less than $546,752, and the completion of an education course offered by RIHousing. In addition, the homebuyer must obtain an RIHousing-funded first mortgage through a participating lender or the RIHousing Loan Center and list the home as their primary residence. The state stated that the program is expected to provide grants to many more eligible homeowners in the future. Interested first-time homebuyers with questions are encouraged to contact RIHousing directly.