(WJAR) — The City of Central Falls celebrated the groundbreaking for a new affordable housing project.
City and state leaders gathered on Friday to celebrate the construction of the Broad Street Homes project.
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FOR IMMEDIATE RELEASE May 30, 2025 CENTRAL FALLS, RI – One Neighborhood Builders (ONB), one of the state’s leading nonprofit affordable housing developers and community development corporations, held a groundbreaking today alongside elected, appointed, and housing leaders to celebrate the start of construction of Broad Street Homes, an affordable housing development in Central Falls. Broad Street Homes is ONB's first development in the city of Central Falls, a more than $26 million investment in the city. Upon completion, the development will provide 46 units of housing to low-income households earning not more than 60% AMI; In Central Falls, this equates...
Local elected officials and affordable-housing development leaders on Friday formally broke ground on One Neighborhood Builders’ $26 million Broad Street Homes project.
CENTRAL FALLS, R.I. (WLNE) — Builders and politicians celebrated the groundbreaking a new affordable housing development in Central Falls Friday morning.
“Broad Street Homes,” located next to Central Falls City Hall, will be built on the site of an old Dunkin Donuts.
The project will cost developers One Neighborhood Builders upwards of $26 million to build, which was secured partly through a federal earmark.
When completed, the four-story building will include 46 housing units for low-income families in Central Falls.
“We need housing. Every time my office gets calls from individuals, they’re looking for housing. We know that the price right now of rent is almost unaffordable, so we have to make sure that we continue to build more housing,” Lieutenant Governor Sabina Matos said
Local elected officials and affordable-housing development leaders on Friday formally broke ground on One Neighborhood Builders’ $26 million Broad Street Homes project.
The project, which is the first development by One Neighborhood Builders within the city, includes a new four-story building at 524 Broad St. and reusing a former police station and courthouse building at 511 Broad St. In total, the project will create 46 affordable housing units to low-income households earning less than 60% of the area median income.
FOR IMMEDIATE RELEASE May 30, 2025 CENTRAL FALLS, RI – One Neighborhood Builders (ONB), one of the state’s leading nonprofit affordable housing developers and community development corporations, held a groundbreaking today alongside elected, appointed, and housing leaders to celebrate the start of construction of Broad Street Homes, an affordable housing development in Central Falls. Broad Street Homes is ONB’s first development in the city of Central Falls, a more than $26 million investment in the city. Upon completion, the development will provide 46 units of housing to low-income households earning not more than 60% AMI; In Central Falls, this equates…
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