Research & Reporting > State Fiscal Recovery Funds Dashboard > Postal Apartments, Providence
Last Updated: 2.10.25
Rhode Island Affordable Development Activities
Postal Apartments
Providence
Developer: Postal Kitchen, LLC
- Anticipated Completion Date: Q1 2025
- Total Units: 11
- Total Affordable Units: 4
- Affordability: 80% AMI
- Construction Status: 0% complete
Funding Sources and Amount:
General Partner Capital | 445,640 |
Middle Income Program* | 390,000 |
Third Party Senior Lender | 1,500,000 |
Total Development Cost: $2,335,640
RIHousing-administered SFRF Funds Expended: $6,200
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).