Research & Reporting > State Fiscal Recovery Funds Dashboard > Walker Lofts
Last Updated: 11.17.25
Rhode Island Affordable Development Activities
Walker Loftss
Lincoln
Developer: Odin Properties, LLC
- Anticipated Completion Date: Q2 2027
- Total Units: 126 units
- Total Affordable Units: 32 units
- Affordability: < 80% AMI
- Construction Status: 1% completed
Funding Sources and Amount:
| Sources | Amount |
| Deferred Development Fee | $1,350,000 |
| Fed. Historic Tax Credit Proceeds | $6,952,588 |
| General Partner Capital | $7,883,691 |
| Other ? Sale Tax Reimbursement | $1,000,000 |
| State Historic TC Proceeds | $4,300,000 |
| DAH-2 | $940,000 |
| Community Revitalization | $2,000,000 |
| Middle Income Program | $2,760,000 |
| First Mortgage – 3rd Party Lender | $22,750,000 |
| Providence Revolving Fund | $1,500,000 |
| RI Rebuild | $4,500,000 |
- Total Development Cost: $55,936,279
- SFRF Funds Expended: $2,931,422
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).
Site Visit: 10.29.25
Groundbreaking Ceremony: 10.20.25
