Calendar of Groundbreakings & Ribbon Cuttings

Developer: ONE Neighborhood Builders Ceremonial ribbon-cutting to celebrate new rental homes at Sutton Place in East Providence

Developer: ONE Neighborhood Builders Funding: DAH-1, HOME, HTF, BHRI  Description: The Residences at Riverside Square development is the new construction of 16 affordable rental apartments for extremely low-to moderate- income households between 30% and 80% Area Media Income (AMI). The development will be a mix of one- and two-bedroom apartments and will provide 16 off- […]

Developer: PCF Development Funding: HIF  Description: New construction of one three-bedroom single-family home at 47 Hicks Street in Pawtucket. The vacant urban infill lot was originally an asphalt parking lot which PCFD acquired from a nearby church. It had sat as a vacant surface parking lot for decades. The property will be sold for $269,000 […]

Developer: PCF Development Funding: HIF, Blue Cross Blue Shield RI Equity Investment Description: 50 Mavis Street is the new construction of 5 townhouse condominium homeownership units. The homeownership units will be restricted at 120% of AMI. Each unit will contain 2-bedrooms, a study and work area, central air, and off-street parking.

Developer: Pennrose Funding: Parcel 9 I & II is a new construction, mixed-use, mixed-income development on a vacant parcel at the edge of the Fox Point neighborhood in Providence. The project is a “twinning” deal that will include both a 4% and a 9% LIHTC partnership. The projects will be completed simultaneously as all the […]

Developer: PCF Development Funding: SAP Description: The property at 305 Owen Avenue is located near the intersection of Weeden Street and Cobble Hill Road in the Fairlawn community of Pawtucket. Acquired by the City of Pawtucket in 2021, this single family home was vacant, neglected and a nuisance to the surrounding neighborhood. PCF Development purchased […]

Developer: Women's Development Corporation Funding: LIHTC, BHRI, HOME, HTF, CMF Description: Pine View Apartments are 40 new affordable apartments in Exeter developed by the Women’s Development Corporation. The development stands on 7.6-acres of land nestled on two sides by preserved wooded wetlands on South County Trail. It is adjacent to the Oak Harbor Village commercial […]

Developer: PCF Development Funding: ARP, BHRI, Pawtucket HOME, Rebuild RI Description: Shri Studio, working with Pawtucket Central Falls Development Corporation, has completed the $4.4 million rehabilitation of the 15,000 sq. ft Conant Thread / Coasts & Clark Mill Complex New Office Building, a blighted, historic mill property. The mill will now contain several mixed-income apartment […]

Developer: Crossroads Rhode Island Funding: BHRI, CMF, Community Revitalization Program, DAH-2, HOME, LIHTC, Rhode Island Rebounds, HOME, RI ARPA, Community Project Funding,  Description: Beachwinds Apartments is a 104-unit affordable housing community consisting of two senior developments, Beachwood Apartments and South Winds Apartments, in Narragansett, RI. Originally built in 1977, the properties have undergone extensive renovation to […]

Developer: Pennrose, Cove Homes, Inc. Funding: HOME, HTF, HPF, DAH-1, BHRI, LIHTC  Description: Frenchtown Road I & II is the new construction of a 63-unit mixed income development in a joint venture by Pennrose, LLC and Cove Homes Incorporated. The development will be constructed on a vacant, infill 3-acre lot for the new construction of […]