Rhode Island Affordable Development Activities 

Sutton Place

East Providence

Developer: ONE Neighborhood Builders

  • Total Units: 36 units
  • Total Affordable Units: 36 units
  • Affordability: 30% – 80% AMI

 

  • Construction Status: Completed

Funding Sources and Amount:

Sources Amount
RIHousing First Mortgage $1,885,000
HOME Program $1,392,497
Housing Trust Fund (“HTF”) $1,189,921
Preservation Loan Fund $1,060,000
State Fiscal Recovery Fund (“SFRF”) $200,000
East Providence Waterfront Commission  $200,000

Total Development Cost: $5,894,573

SFRF Funds Expended To-Date: $200,000

Image of Sutton Place, affordable development in East Providence