Research & Reporting > State Fiscal Recovery Funds Dashboard > 42 Washington Street Apartments
Last Updated: 11.17.25
Rhode Island Affordable Development Activities
42 Washington Street Apartments
Central Falls
Developer: Central Falls Affordable Housing Corp.
- Total Units: 3 units
- Total Affordable Units: 3 units
- Affordability: 80% AMI
- Construction Status: 54% completed
Funding Sources and Amount:
| Sources | Amount |
| Deferred Development Fee | $13,821 |
| Community Development Block Grant | $500,000 |
| Priority Projects Fund* | $500,000 |
| RIH First Mortgage | $375,000 |
- Total Development Cost: $1,388,821
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).
Site Visit: 11.3.25
