Research & Reporting > State Fiscal Recovery Funds Dashboard > Old County Village – Phase II
Last Updated: 4.7.25
Rhode Island Affordable Development Activities
Old County Village- Phase II
Smithfield
Developer: Atlantic N.E. Property Management, LLC
- Anticipated Completion Date: Q2 2026
- Total Units: 79 homeownership units
- Total Affordable Units: 15
- Affordability: 100% AMI
- Construction Status: 0% complete
Funding Sources and Amount:
| Source | Amount |
| Construction Financing | $4,500,000 |
| Middle Income Program* | $1,425,000 |
| Other Equity | $75,979 |
Total Development Cost: $6,000,979
RIHousing-administered SFRF Funds Expended: $97,730.00
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).
Site visit: 2.12.25
