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Beachwinds Apartments (Beachwood/South Winds) Ribbon cutting, Narragansett

Developer: POAH   Funding: Resyndication of two Section 8 deals with tax exempt bonds and 4% credits; Risk Share  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 improve energy efficiency, […]

Paragon Mills Stakeholder & Media Tour

Developer: Alexander Company   Funding: LIHTC, Fed Historic Tax Credit, State Historic Tax Credit, Opportunity Zone Investment  Description: A 125,000 square foot former factory being repurposed into 101-units of which 44 are affordable housing units for residents under 60% AMI and 57 are workforce housing units for residents under 120% AMI. Stakeholder and media tour to […]