Research & Reporting > State Fiscal Recovery Funds Dashboard > 23 Central Street
Last Updated: 6.17.25
Rhode Island Affordable Development Activities
23 Central Street
Central Falls
Developer: Pawtucket Central Falls Development Corporation (PCFDC)
- Anticipated Completion Date: Q2 2026
- Total Units: 12 units
- Total Affordable Units: 12 units
- Affordability: <30%, 60% and 80% AMI
- Construction Status: 0%
Funding Sources and Amount:
| Source | Amount |
| RIH First Mortgage | $525,000 |
| Acquisition Revitalization Program (ARP) | $1,000,000 |
| Housing Production Fund | $2,218,575 |
| Priority Projects Fund | $1,200,000 |
| Predevelopment* | $147,000 |
- Total Development Cost: $5,090,575
*Sources funded by the State Fiscal Recovery Funds (“SFRF”). This project received site acquisition and/or predevelopment SFRF funds that have advanced to development financing.
Site Visit: 5.31.2025
