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ProJo: $50M rehab of Providence affordable housing is one-third complete

on September 17, 2018 in All News, Providence by Amy Cola
By Madeleine List 
Journal Staff Writer 

Posted: Sep 14, 2018 at 8:28 PM

Updated: Sep 14, 2018 at 8:28 PM

State and local leaders gathered Friday at one of the newly redone buildings in the Barbara Jordan I affordable housing complex to share updates on the status of a $50-million renovation project. The scattered-site complex consists of 193 Section 8 housing units spread across 82 buildings in the area of Burnside Street.

PROVIDENCE, R.I. — State and local leaders gathered Friday at one of the newly redone buildings in the Barbara Jordan I affordable housing complex to share updates on the status of a $50-million renovation project.

The scattered-site complex consists of 193 Section 8 housing units spread across 82 buildings in the area of Burnside Street.

The rehabilitation is being financed by Rhode Island Housing, the sale of low-income housing tax credits and a deferred developer fee, according to a press release from Rhode Island Housing.

Developer Omni New York LLC is conducting the renovations, which are about 35 percent completed, according to Rhode Island Housing.

No tenants are being displaced during the renovations, said Eugene Schneur, managing director of Omni New York, but when the project began, about 30 units were vacant.

To view the complete article, visit Providence Journal 

Courtesy of Providence Journal 

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