Last Updated: 04.16.2024
Rhode Island Affordable Development Activities
Looking Upwards Apartments
Jamestown
Developer: SWAP, Inc. and Looking Upwards
- Anticipated Completion Date: Q3 2025
- Total Units: 12 units
- Total Affordable Units: 12 units
- Affordability: 30% – 80% AMI
- Construction Status: 6% completed
Funding Sources and Amount:
Building Homes Rhode Island (“BHRI”) | $1,800,000 |
State Fiscal Recovery Funds (“SFRF”) | $3,327,265 |
FHLB Affordable Housing Program | $250,000 |
Total Development Cost: $5,377,265
SFRF Funds Expended To-Date: $319,240.92
Site Visit: April 2024