Research & Reporting > State Fiscal Recovery Funds Dashboard > The Village at Manville
Last Updated: 11.17.25
Rhode Island Affordable Development Activities
The Village at Manville
Lincoln
Developer: Connolly and Partners, LLC.
- Anticipated Completion Date: Q1 2027
- Total Units: 72 units
- Total Affordable Units: 72 units
- Affordability: <30%, 60% and 80% AMI
- Construction Status: 13%
Funding Sources and Amount:
| Sources | Amount |
| RIH First Mortgage | $4,775,000 |
| HOME | $1,740,000 |
| Housing Trust Fund | $1,174,331 |
| RI Rebounds Production Fund | $305,669 |
| Development of Affordable Housing (DAH-2)* | $5,839,148 |
| Middle Income (MI)* | $374,730 |
| LIHTC Proceeds | $12,363,564 |
| Deferred Development Fee | $368,567 |
| Bank of America Expense Reimb. Equity | $108,800 |
| Town of Lincoln | $221,000 |
- Total Development Cost: $27,270,809
- SFRF Funds Expended: $4,063,753
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).
Site Visit: 11.12.2025
Groundbreaking: 6.20.2025
