News & Event
Posted Apr 26, 2018 at 4:44 PM
Updated Apr 26, 2018 at 4:44 PM
PAWTUCKET, R.I. — The Rhode Island Housing Board of Commissioners approved financing and low-income-housing tax credits Thursday for three affordable developments, one each in Lincoln, North Kingstown and Providence.
The board also approved a $500,000 revolving loan for ONE Neighborhood Builders, a nonprofit community-development organization in Providence, to buy and rehabilitate or build new affordable properties to sell to first-time home buyers in the Olneyville and Elmwood neighborhoods in Providence.
These developments won preliminary financing approval:
— Lincoln Lofts, in Lincoln’s Saylesville section, is a planned-historic redevelopment of the Sayles Company Mill Storehouse & Packing building at 90 Industrial Circle into 45 affordable apartments. Dakota Partners, based in Massachusetts, is the developer and contractor. The development cost is $13,499,648, which includes a historic tax credit of more than $2 million and an $8.5-million construction loan from the Bank of America. The board gave preliminary approval to loans and reserved low-income-housing tax credits to support the development.
The project includes 15 one-bedroom units and 30 two-bedroom apartments. Three of the one-bedroom units will he handicapped accessible.
— Reynolds Farm Senior Housing in North Kingstown, is a development that will include 40 affordable residences for people 55 and over. The developer is the Valley Affordable Housing Corporation. The development cost is $9,295,224. The new construction also received preliminary loan approvals and low-income-housing tax credits. It is part of a larger development called Reynolds Farm, located south of Post Road (Route 1) and Route 403, south of Quonset Point. When completed, it will include 625 residences, including single-family houses, rental apartments and townhomes.
The board met at the Pawtucket Central Falls Development Corp.’s offices at 2 Bayley St., next to Farm Fresh RI’s Harvest Kitchen, a cafe and market that provides jobs training and employment for young adults and sells fresh foods from local farmers. The development agency’s executive director, Linda Weisinger, was on hand to welcome the board.
On Twitter @ChristineMDunn
Courtesy of Providence Journal
Wednesday, November 1, 2017
2200 Southwood Drive, Nashua, NH
We invite you to be a part of the second New England Lead Conference taking place on Wednesday, November 1, 2017 in Nashua, NH. Hosted by the New England Lead Coordinating Committee, the conference will include a variety of educational sessions focusing on lead prevention, policy, model programs, outreach, the EPA’s Renovation, Remodeling and Repair Rule (RRP), lead abatement, compliance, and the economics of lead poisoning.
Read more >
October 4, 2017 in Events, Local Interest
The Narragansett Times: Dziobek steps down as Welcome House director
By KENDRA GRAVELLE Sep 29, 2017
SOUTH KINGSTOWN—When Joseph Dziobek accepted the position of executive director of Welcome House of South County nearly three years ago, he had expected the job would make for a simple transition into retirement.
But what was intended as a part-time gig turned into much more than that for Dziobek, who this week left his post.
“It’s been a challenge,” said Dziobek, whose last day on the job was Monday. “And it’s been very satisfying—I feel very close to the people who have been a part of it.”
Dziobek, 66, took the job at Welcome House after retiring from his career as CEO of Fellowship Health Resources. He said he intended only to stay for two or three years.
October 4, 2017 in Local Interest
Final Days to Register: 2017 Housing Fact Book Release
Date: Wednesday, October 11, 2017
Luncheon: 12:00pm - 1:30pm
Location: Rhode Island Convention Center, 1 Sabin Street, Providence RI
October 3, 2017 in Events, Local Interest
Rhode Island College: The Defamation Experience
Monday, October 30, 2017
5:00PM - Doors Open
6:00PM - Performance
SPONSORED BY: THE DIVISION OF COMMUNITY EQUITY AND DIVERSITY AND THE DIVISION OF STUDENT SUCCESS
THE PLAY * THE DELIBERATION * THE DISCUSSION
September 27, 2017 in Events, Local Interest
NLIHC: Sign Letters to Support Equitable Housing Recovery after Devastating Hurricanes
Help ensure that low income people and neighborhoods are treated fairly after Hurricanes Harvey, Irma, and Maria. A broad coalition of national, state, and local organizations is calling on Congress, FEMA, and HUD to ensure that the federal response to Hurricanes Harvey, Irma, and Maria is complete and equitable for everyone, especially families and individuals with the lowest incomes who are often the hardest hit by disasters and have the fewest resources to recover afterwards.
September 27, 2017 in Local Interest, National News
Roger Williams University: Social Justice Month Events
Thursday, Oct 19
Mary Tefft White Center
How Housing Works
4:00pm – 6:00pm
Sponsored by Housing Works RI and RWU Chief Diversity Officer
Keywords: socioeconomic status, race, jobs, housing, equity
Workshop with Brenda Clement, Director of Housing Works Rhode Island and Ame Lambert, RWU Chief Diversity Officer.
An overview of housing issues in Rhode Island and connections to the larger social justice agenda.
September 25, 2017 in Local Interest
Providence Journal: People on the move for the week of Sept. 17
Posted Sep 13, 2017 at 5:34 PM
Updated Sep 13, 2017 at 5:34 PM
Rhode Island LISC
Rhode Island Local Initiatives Support Corportation has welcomed two new employees. Jeremiah O’Grady, of Lincoln, joined LISC as program officer after spending more than 12 years at ONE Neighborhood Builders as real estate project manager and director of asset management and operations.
Liz Klinkenberg, of Warwick, was hired as communications director. She brings more than 15 years of public relations experience to her new position, including work for The Miami Herald and The Providence Journal.
The Providence American: Reed Announces $300k in Community Development Grants for NeighborWorks Affiliates
WASHINGTON, DC – In an effort to promote healthy, vibrant neighborhoods across Rhode Island, U.S. Senator Jack Reed today announced an additional $300,000 in federal funding for three Rhode Island-based affiliates of NeighborWorks America (NeighborWorks). These federal funds will help NeighborWorks Blackstone River Valley, ONE Neighborhood Builders, and West Elmwood Housing Development Corporation to provide affordable housing opportunities, generate job growth, and enhance economic stability for working families. Earlier this year, Senator Reed also helped to secure over $750,000 in federal funding for NeighborWorks affiliates in Rhode Island, bringing total NeighborWorks investment in the state to above $1 million for fiscal year 2017.
September 21, 2017 in Federal News, Local Interest
The Providence American: Providence Unveils PVD Gives Donation Station
PROVIDENCE, RI – Mayor Jorge O. Elorza today joined members of the City Council, public safety officials, and community leaders who have been named to the PVD Gives commission for the unveiling of the City’s first Donation Station at Kennedy Plaza. The retrofitted parking meter is one of ten stations that will be installed across the city to collect funds that will support local organizations that provide housing and services to those in need.
“PVD Gives and the new Donation Stations make it easier to give back,” said Mayor Jorge Elorza. “Our collective generosity can make all the difference in the lives of those striving to get back on their feet. I encourage visitors and residents to chip in and be part of the solution.”
September 21, 2017 in Local Interest
Providence Journal: Report: New England losing 65 acres of forestland per day
By Steve LeBlanc / Associated Press
Posted Sep 19, 2017 at 11:21 AM
Updated Sep 19, 2017 at 11:21 AM
BOSTON — New England has been losing forestland to development at a rate of 65 acres per day — a loss that comes at a time when public funding for preservation of open land, both state and federal, has also been on the decline in all six states.
That’s the conclusion of a report released Tuesday by the Harvard Forest, a research institute of Harvard University.
The study found public funding for land conservation in New England dropped by half between 2008 and 2014 to $62 million per year, slightly lower than 2004 levels.
By Mary MacDonald | April 27, 2018 6:30 am
R.I. Housing and Mortgage Finance Corp. is celebrating its 45th anniversary this year in a position of financial strength, says Executive Director Barbara Fields.
It has created programs to assist first-time homeowners, expanded its servicing of mortgages to include those generated by MaineHousing and emerged from the Great Recession with a surplus of financial assets.
But it is working against a backdrop of unaffordability. Half of all renters and 30 percent of homeowners in Rhode Island are housing-cost burdened, paying more than 30 percent of their take-home income on rent and utilities.
Fields has been executive director of the quasi-public agency since January 2015. She previously was the New England regional administrator for the U.S. Department of Housing and Urban Development and the director of the Local Initiatives Support Corp. in Providence.
What’s the best way for Rhode Island to increase access to affordable housing?
“Build, build, build,” she said.
How has the mission of R.I. Housing changed over the past 45 years? R.I. Housing was established by the General Assembly in 1973 as a public corporation of the state. We have an independent existence from the state, although they exercise a central control over our board. Our primary purpose was to encourage investment of private funds for the development of housing for low- and moderate-income persons, and to function as a source of capital for affordable-housing development. We were basically set up to be the state’s housing bank at a time when many other states were doing this. Today, there are 53 housing finance agencies [nationally].
Within Rhode Island, what is your share of home loan origination? Last year, we did 13 percent of the mortgages in the state. Origination … is only 15 percent of our business. Eighty-five percent of our business comes from working with 40 brokers and lenders and we consider them, obviously, critical and important partners. The No. 1 is [Coastway Community Bank]. They help bring us business. Housing is economic development. We help support local businesses. … Also, we were set up to bring private money in to help people get into home ownership. We go to Wall Street and float taxable and tax-exempt bonds, both for single-family and multifamily.
Since the [Great Recession], what has changed in our business is we also sell in the secondary market. We get a warehouse line of credit. We work with three or four banks. We purchase the mortgages and when we get enough, we bundle them and we sell them in the secondary market as securitized mortgages.
What’s the benefit of doing that? The interest rates have been extremely low. There are key Rhode Island officials … who got their first mortgages at RIHousing. [Former Auditor General] Ernie Almonte in 1982 or 1983 bought [his] first house. The rates were 15-16 percent and we could get you 12 [percent]. We forget. In a video on our website he stands in front of his first house. That speaks to what our major focus and mission is. People who are early in their career, buying a home and setting roots in the community. Last year was a banner year. We did almost 1,800 mortgages. The average age of someone who got a mortgage through RIHousing last year was 37.
Is there any focus this year for the organization? Rental apartments for working families, working individuals and a lot more seniors. We have a growing senior population. … [Recently], we got the first-ever Capital Magnet Fund. We got one of the largest in the country. It’s from the U.S. Department of Treasury. It’s $4.7 million and it will help us on a key focus. … We run a lot of federal programs on behalf of the state. One of them is the federal low-income housing tax credit. … There are two sets of credits. One is a deeper subsidy, called the 9 percent. It’s highly competitive. We’re doing as much as we possibly can with what we get. The other, which is a shallower subsidy [of 4 percent] that has to be used with our first mortgage, that is limited by the state’s bond capacity. We are not tapped out, and we would love to do more of those deals. And produce more rental housing and preserve housing that exists. [With] that Capital Magnet, we’ll be able to fill that hole, between the 4 percent and the 9 percent.
What is the profile of your mortgage borrower? The average household income for the homeowners we served last year was … about $66,000 to $67,000. That’s teachers who may be in for a few years, certified accountants, nursing assistants, construction workers. This is the heart and soul of what makes up our middle class. And the average sale price was just under $200,000. And I’m proud of the fact that 27 percent of our mortgages are reaching the minority community. We’re seeing rising prices, so some of that rise is good, it means our economy is getting better. … One of the challenges is … just having more housing built in the state.
You’ve touched on the lack of inventory in single-family homes. What is the solution? How do we get more inventory? Build, build, build.
How? There are different pieces. Some of them we’re beginning to explore: if there are zoning challenges and communities that aren’t interested. Personally, I’ve been going around the state for the past year. I’ve been in Barrington, Middletown, Cumberland, talking to mayors, city councilors and town councils. I would have to say, by and large, they are welcoming. Everyone at this point has a story to tell. It’s either my son won’t leave the house, [or] soon it will be my mother won’t leave the house. Or my sister-in-law’s godchild and her fiancé are looking for a house, and they can’t find it. Seniors are staying longer in their homes. They’re living longer and are in better health. That’s not freeing [housing] up.
If there is an understanding of what the issue is, why aren’t more towns creating zoning to allow more density? I think South Kingstown just did some [rezoning] along Route 1. As I say to the communities, think about your community. I’ve been out with two mayors now, I’m about to go with a third, [and I say] drive me around your city, your town, and tell me, where do you want development? Because it is likely to come, and wouldn’t you want to proactively direct it to those places? In South Kingstown, they started talking about some properties that they knew.
There is always going to be some NIMBY-ism [or “not in my backyard”], but we have not had that raised as a major issue. We’re now funding our second project in Barrington. … We have done one now in Shannock Village, in Charlestown. These are apartments for families, most earning between $30,000 and $50,000 a year. Anyone can apply. But mostly you get people from your community. When we run the numbers in these communities, usually you find 20 percent of current residents would be eligible. … The most important thing to understand is there isn’t one type of housing that we advocate for. We have high-rise buildings. We have single-family homes being built. We have duplexes. We have ground-floor retail and townhouses.
So, people may have a visual that pops into their head when they think of affordable housing. They don’t want it developed in their community because they think it’s going to be ugly? We’re smarter about how to build [today]. We think about housing as part of the community, and community is the economic life of the state. I’m a community-development person coming into housing, so I am always thinking about the connection. We always look when we are financing multifamily rental, where are the parks, where’s the bus line, where do you shop for groceries? What is it that makes a community?
People still assume millennials are living in the basement with their parents. But they’re out there buying now, they are the starter-home market. You have a variety of mortgage programs, including down-payment assistance. But they’re running into an inventory problem. Are the state’s demographics part of the problem? It’s a variety of factors. You have millennials who are now ready to buy. You have a tremendous change in the economy. We went from the second-worst unemployment rate in the country to one of the lowest. We did a 10-year study. Even if the population grows slowly, we projected it would grow at 5 percent [over 10 years]. Households will grow at 12-13 percent. People are waiting longer to marry. You have a lot of singles, or two people in a house without a child until later. So, people need more houses. People are divorcing. You have more households being created by all of these factors. Especially if you go back and see what was going on 30 years ago. The average size in public housing is smaller. Occasionally we will see a proposal come in with a four-bedroom unit or a five-bedroom unit. But we are building one, two and three [bedrooms].
There is some pushback in Providence that the new housing being constructed is primarily downtown housing not designed to accommodate families, who also need housing. Does Rhode Island need more small apartments? A healthy rental market has about a 6.5-7.5 percent rental vacancy rate, so you have turnover, you have empty units for people to come and look at. The nation is below that. Rhode Island dropped last year … to under 4 percent. And Providence is lower than the state. Providence is about 2 percent. So, we need rental apartments, as well as owner-occupied apartments. We’re in a niche, but it’s needed across the income ranges. Part of what’s increased the demand here also is people coming from the Boston area. This is an attractive place to live.
In Massachusetts, a state law called 40B seems to have more strength in getting affordable housing built in individual towns. (The law allows developers to bypass local zoning in towns or cities that have less than 10 percent of the housing stock available at affordable prices.) What is the challenge for Rhode Island’s affordable-housing requirement? FortyB has a lot more teeth. I would say, yes, we have a 10 percent law. … A [state] commission is looking at how to make it stronger.
Do you think it needs to be made stronger, to distribute affordable housing? Yes, I believe so. When you sit down and talk to a community about who would live in the housing you’re talking about, it becomes a very different story. Up here, it’s like numbers, ideas and images. Down here, it’s “Oh, it’s my best friend. It’s my brother-in-law.”
There are many Rhode Islanders who earn less than the state median, as well. I don’t care what your job is. No one makes in their first five years what they might later. We want to accommodate that. I’m sure Ernie Almonte’s salary is different today than it was 25 years ago, when we helped him buy his first house. But that was a good investment to make. It wasn’t a giveaway.
Some activist groups have recommended rent control in Providence, to dampen price escalation. Is rent control an option? My preference is to build. Supply is the approach now being done in Boston. If we can increase the supply, it helps to moderate the prices. We are also involved in several efforts to make sure we maintain the affordable units that we have, that work for people at the lowest income levels. We are very committed to preservation, whether it’s senior units or family housing. We need to preserve what we have. A lot of the housing we’re preserving is 30 years old.
Some community advocates in Providence think city incentives via tax-stabilization agreements should not be used on luxury housing. The Fane Organization tower could be the next argument over this. Should public incentives be used for luxury product? I would just say the TSA process needs to be predictable. No matter what program we run, people want predictability. In Providence, TSAs are needed so we have predictability. If you meet these requirements, you can come in.
Sen. Howard Metts, D-Providence, has raised the issue of discrimination against Section 8 tenants, that the people who hold the vouchers are having trouble finding apartments. He has proposed a law that would prevent landlords from using the source of income as a reason to block a lease. Is this an issue? Absolutely. Thirteen states have that law, including four New England states. We’re supportive of [his proposal].
Gov. Gina M. Raimondo has proposed a transfer to the state of $5 million from R.I. Housing in fiscal 2019. Can the state “scoop” your funds? The board will have to vote on it. We’re going to minimize the impact. It will have an impact, obviously, but we’re going to minimize it. This came up in January. We know the budget will be made by the end of June.
Why did you agree to do it? The governor controls the board and we’re part of the team. Someone talked to the chairman. It’s not an optimal situation. But we’re going to minimize it. We get rated by the bond-rating agencies and we’re talking with them. They will take a look at our rating. But we happen to be in a strong position.
According to your most recent annual audit, your loan-loss contribution fell dramatically in fiscal 2017. What is the story behind that? The market is doing better. People are doing better. We had tremendous losses during the recession, now we’re on a different path. We hope it continues.
The same audit indicated that the three-month delinquencies on R.I. Housing mortgages rose between 2016 and 2017. What is the reason for that? We had a slight uptick, but we are on top of it. We are below nationwide and below New England. We have new metrics we’re following and are working with our 40 brokers and lenders. We look at people’s credit scores and we look at their ratios. We meet, we want [the Federal Housing Administration] to purchase our mortgages, FHA and Fannie Mae. We have some flexibility. We instituted a credit score to raise it a little, to make sure we’re in line with the rest of the New England states.
Some people think homeownership shouldn’t necessarily be identified as a dream for everyone. That maybe we shouldn’t be encouraging homeownership. Do you have any thoughts on that? We should always have a range of housing options. … There are people who need a homeownership opportunity, they’ve saved for years. It may be a single-family, a townhouse, a condominium. We need rental opportunities. Seniors who owned a home who need a rental opportunity. Supportive opportunities, say veterans, where there are services on-site for them. And we also work on properties where we have the vouchers. Every community needs to think, at different points in people’s lives … there are different reasons why people choose types of housing.
Courtesy of Providence Business News
PROVIDENCE, R.I. — Residents and advocates on Monday night had the chance to voice their opinions about the redevelopment of Barbara Jordan II, a 74-unit affordable housing project that has been vacant for about two years.
The units, which are spread across 27 buildings in South Providence, fell into deplorable conditions after years of neglect and residents were forced to leave. Rhode Island Housing took over ownership of the properties and will eventually seek out a developer to rebuild and rehabilitate the units.
In the meantime, Camiros, a Chicago-based consulting agency, is leading a public engagement process to hear from community members about their hopes for the project.
“We want to make sure that low-income people have affordable housing,” said Malchus Mills, vice chairman of DARE, a Providence organization that advocates for low-income residents. “We don’t want people to be cost-burdened.”
Rhode Island Housing has said it will ensure one-for-one replacement of the 74 affordable units, but part of what the agency wants to know is whether community members think the units should be made available for people with very low incomes, extremely low incomes, or a mix of income ranges, said Adam Rosa, principal for Camiros, at Monday night’s meeting, which was hosted at Amos House.
The median family income for the Providence-Fall River metro area is $80,600, according to 2018 data from the Department of Housing and Urban Development. Low income is defined as 80 percent of the median, or $64,250 for a family of four. Very low income is 50 percent of the median, or $40,150 for a family of four, and extremely low income is $25,100 for a family of four.
Ward 10 City Councilman Luis Aponte pointed out that the median income for South Providence is much lower than the median income for Providence as a whole, because the East Side, where many wealthy residents live, skews the numbers.
In Upper South Providence, where the Barbara Jordan II properties are located, the median household income between 2012 and 2016 was $16,000, according to the Opportunity Atlas, an interactive tool published by the Census that provides detailed data for census tracts across America.
Rosa said developers are bound by the Department of Housing and Urban Development’s guidelines, which are calculated on a regional basis, but local numbers can inform what income ranges Barbara Jordan II should target.
“Should it be 100 percent extremely low income? Should it be a mixture?” he said. “We want your input here tonight what that mix should be.”
Nestor Jose Moreno, 55, of Providence, who attended Monday night’s meeting, said he participates in one of Amos House’s programs and lives in communal housing sponsored by the agency. He used to live in a high-rise on Curtis Street but was evicted. He is on disability and years-old misdemeanors on his criminal record have prevented him from finding new housing.
A future Barbara Jordan II development could provide him the chance to get an apartment and regain some of his independence, he said.
“I want to live by myself,” he said.
During the meeting, attendees were asked to work together in groups and list their priorities for the Barbara Jordan II redevelopment.
Most groups agreed that increasing the number of available units was their top priority.
Redeveloping Barbara Jordan II will restore a sense of community, a sense of love and a sense of hope to the neighborhood, said Sen. Harold Metts, D-Providence, who attended Monday night’s meeting.
“People need a decent place to live,” he said. “They need a nice environment for their families.”
Updated: Jun 2, 2019 at 12:18 AM
Advocates with Direct Action for Rights and Equality, a Providence nonprofit advocating for renters and low-income residents, say they are concerned with how the redevelopment is being handled.
“What we want is all 74 apartments brought back at a low- and very-low-income level,” said Malchus Mills, vice chairman of the board of Direct Action for Rights and Equality (DARE). “We need these apartments to be affordable for those that are making anywhere from $25,000 to $32,000 per year.”
In April, members of the organization sent a letter to Rhode Island Housing, which is overseeing the redevelopment of Barbara Jordan II, demanding that all the units be replaced and made affordable for tenants earning $25,000 a year or less; that Providence-based women- and minority-owned contractors be used in construction; and that the apartments and land remain affordable on a long-term basis.
The group also asked Rhode Island Housing to release a draft of the request for proposals for public comment and revision before finalizing it, and asked that at least three neighborhood residents be allowed to hold decision-making positions on the committee that will consider and select winning applications from developers.
In a response letter, Rhode Island Housing said that the selected developer would make the 74 apartments affordable for residents earning 80 percent or less of the area median income as defined by the U.S. Department of Housing and Urban Development, which is $64,250 for a family of four.
In its letter, Rhode Island Housing also wrote that developers would be incentivized to commit to an affordability period of longer than 30 years for the development, and that 10 percent of the work would be awarded to women- and minority-owned businesses. The housing agency said it would not provide a draft of the request for proposals for review before the release of the final version and did not agree to DARE’s request to have three neighborhood residents on the decision-making committee.
Christopher Samih-Rotondo, a community organizer with DARE, said the group was not satisfied with Rhode Island Housing’s response.
The agency recently concluded a public-engagement process, led by the Chicago-based consulting firm Camiros, to seek community input about the property’s redevelopment.
But despite the public-engagement process, some residents say they still fear their concerns aren’t being taken seriously.
“We are the community, we’re the ones who’ve been here since day one,” said Magelia Perez, an organizer with DARE, through a bullhorn as she stood outside the vacant yet colorfully painted houses that make up the Barbara Jordan II project. “And they’re slowly but surely trying to push us out.”
On Twitter: @madeleine_list
Posted Aug 17, 2017 at 1:08 PM
Updated Aug 17, 2017 at 2:36 PM
PROVIDENCE, R.I. — Commerce Secretary Stefan Pryor on Thursday morning lauded a vote by the Rhode Island Housing Board of Commissioners to approve final financing for the Lippitt Mill Apartments development in West Warwick.
The mill, the second-oldest in Rhode Island, will be reused as 65 apartments, including 28 affordable units, Eric Shorter of Rhode Island Housing told the board. The total project cost is $15.9 million, including $2.3 million in Rebuild RI tax credits.
Developer Kristopher Shaw said there will be a groundbreaking this fall, and he hopes construction will be completed by next summer.
Board member Kevin Orth said that in addition to providing needed mixed-income housing, the project includes the preservation of a site with “historical and cultural significance,” and it will also accomplish environmental remediation of the property.
Currently vacant and uninhabitable, the site requires frequent “police and fire presence,” but this redevelopment will “put it back on the tax rolls,” added Barbara Fields, executive director of Rhode Island Housing.
Pryor commended Rhode Island Housing for its work to finance developments that are helping to revive Rhode Island’s economy by adding construction jobs and producing and preserving housing. In June, he said, employment data showed Rhode Island had the highest job growth in the construction sector in the nation.
“Thank you for quite directly contributing to that trend,” Pryor said.
In other business Thursday, the board approved financing packages for the Coats Manor Apartments, in Pawtucket, and Maplewoods in the City and Charlesgate North Apartments, both in Providence.
Coats Manor, at 453-457 Lonsdale Ave., Pawtucket, includes 131 Section 8 apartments. The $9.6 million refinancing includes $300,000 for rehab work at the site. Coats Manor includes two interconnected buildings, one built in 1921 and renovated in 1981, and one built in 1981.
Maplewoods in the City, a proposed new 40-unit, 100-percent affordable family-oriented development on three acres on Huber Avenue in Providence’s Manton neighborhood, is being developed by Stop Wasting Abandoned Property.
The $11-million Maplewoods development will provide rental housing for those earning less than 60 percent of the area median income. (For households of one to four people, this means annual income of $30,300 to $43,260.)
Nine of the proposed units will reserved for those earning less than 30 percent of the median income, which for one-to-four person households ranges from $15,200 to $24,600 a year.
Charlesgate North Apartments, at 670 North Main St., Providence, is a 14-story building with 200 apartments. It was built in 1974 and renovated in 2002. The board approved tax-exempt financing for the acquisition and rehabilitation of the property, which offers an assisted living program on-site for residents with Supplemental Security Income vouchers. The total cost is $27.5 million.
The board also learned Thursday that Rhode Island Housing, which is a state agency that generates income, has been required by the General Assembly to contribute $1 million to the state budget in the current fiscal year, instead of using it to support affordable housing efforts.
PROVIDENCE, R.I. — About two years ago, Roline Burgison helped one of the last remaining tenants at the Barbara Jordan II affordable housing development in South Providence find a new home.
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