Rhode Island Affordable Development Activities 

Riverside Landing

Coventry

Developer: Coventry Housing Associates, Corporation

  • Construction Complete
  • Total Units: 8 units
  • Total Affordable Units: 8 units
  • Affordability: 50% AMI

Funding Sources and Amount:

Sources Amount
RIH First Mortgage $165,000
Building Homes Rhode Island (“BHRI”) $2,713,357
State Fiscal Recovery Fund (“SFRF”) $374,750

Total Development Cost: $3,253,107

SFRF Funds Expended To-Date: $374,750

Architectural rendering of affordable development
Affordable development under construction

Site visit: 04.12.2023