Research & Reporting > State Fiscal Recovery Funds Dashboard > Looking Upwards Apartments
Last Updated: 03.18.2024
Rhode Island Affordable Development Activities
Looking Upwards Apartments
Jamestown
Developer: SWAP, Inc. (Stop Wasting Abandoned Property)
- Anticipated Completion Date: Q2 2025
- Total Units: 12 units
- Total Affordable Units: 12 units
- Affordability: 30%-80% AMI
- Construction Status: 4% completed
Funding Sources and Amount:
| Sources | Amount |
| Building Homes Rhode Island (“BHRI”) | $1,800,000 |
| State Fiscal Recovery Fund (“SFRF”) | $3,327,265 |
| FHLB Affordable Housing Program | $250,000 |
Total Development Cost: $5,377,265
SFRF Funds Expended To-Date: $208,209
Site visit: 01.22.2024
