R.I. Gen. Laws § 44-71-11 — Low-Income Housing Tax Credit Fund

There is hereby established at the department of housing a restricted account known
as the low-income housing tax credit fund (the “fund”) in which all amounts appropriated
for the program authorized in this chapter shall be deposited. The fund shall be used
for the purpose of securing payment for the redemption of tax credits or for reimbursement
to the state for tax credits applied against a taxpayer’s liability.