For Immediate Release

For Further Information Please Contact:
Michael J. Cerio | Cerio Communications
(401) 743-8269

Introduction to Homeownership Virtual Workshop Offered Free to all Rhode Islanders

Live session on Zoom will cover affordability, budgeting, credit, mortgage pre-approval, and more for first-time homebuyers during Homeownership Month

PROVIDENCE, R.I. – On Wednesday, June 23, Bank Rhode Island (BankRI) and Pawtucket Central Falls Development (PCF Development) will partner to host an “Introduction to Homeownership” virtual workshop. The session will be held via Zoom, at no cost, beginning at 5:30 p.m., and is open to all Rhode Islanders who wish to attend. Interested participants are asked to register in advance online.

During the workshop, attendees will hear from members of the PCF Development team, as well as Kathy Galipeau, mortgage specialist with BankRI. Topics to be covered include determining affordability, budgeting, credit, mortgage pre-approval, and more.

Along with sharing expert knowledge and helpful information with prospective first-time homebuyers, the workshop serves as an introduction to PCF Development’s eight hour, HUD-approved Homebuyer Education Course. The in-depth, eight hour course is taught using a statewide approved curriculum and offers participants a certificate of completion upon graduation.

“While the journey to becoming a homeowner may be different for everyone, we at BankRI recognize the importance of pre-purchase education and its role in supporting housing stability,” said Kathy Galipeau, Mortgage Specialist, BankRI. “We’re looking forward to sharing our expertise with the community – there is tremendous value in these workshops.”

A nonprofit community development organization, PCF Development is dedicated to the development of high-quality, affordable housing and neighborhood revitalization. Since 1990, it has constructed more than 300 new affordable rental units and more than 75 new affordable homeownership units in Providence County. Along with its home creation work, the organization focuses heavily on homeownership education, financial coaching, credit counseling, in-house sales, and post-purchase training.

Questions regarding the June 23 workshop, or PCF Development’s HUD-approved Homebuyer Education Course, may be directed to Dianny Pena at dpena@pcfdevelopment.org, or at (401) 726-1173 ext. 12.

About Bank Rhode Island

Bank Rhode Island, a wholly owned subsidiary of Brookline Bancorp, Inc. (NASDAQ:BRKL), is a full-service, FDIC-insured financial institution headquartered in Providence, Rhode Island. The bank operates 20 branches and more than 30 ATMs throughout Providence, Kent, Newport and Washington Counties. For more information, visit www.bankri.com. You can also find BankRI on Facebook.

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