Research & Reporting > State Fiscal Recovery Funds Dashboard > Residences at Riverside Square
Last Updated: 04.16.2024
Rhode Island Affordable Development Activities
Residences at Riverside Square
East Providence
Developer: ONE Neighborhood Builders
- Anticipated Completion Date: Q1 2024
- Total Units: 16 units
- Total Affordable Units: 16 units
- Affordability: 30% – 80% AMI
- Construction Status: 85% completed
Funding Sources and Amount:
| Sources | Amount |
| RIHousing First Mortgage | $700,000 |
| HOME Program | $1,885,000 |
| Housing Trust Fund (“HTF”) | $515,000 |
| Building Homes Rhode Island (“BHRI”) | $1,676,000 |
| State Fiscal Recovery Fund (“SFRF”) | $1,012,441 |
Total Development Cost: $5,788,441
SFRF Funds Expended To-Date: $1,012,441
Site visit: 02.09.2024
