by NBC10 News
Friday, April 26
EAST PROVIDENCE, R.I. (WJAR) — A ribbon cutting was held in East Providence Friday morning for the newly-constructed Residences at Riverside Square.
The 16 new affordable apartments will be available for extremely low to moderate-income households.
Three of the apartments are reserved for youth aging out of foster care.
“This project not only provides options for our residents but it is a unique project in that it reserves 3 units for children aging out of foster care. It is a cause that is not only near and dear to me, but brings me great pride to know that we are the home to this incredible project,” said East Providence Mayor Bob DaSilva.
Funding for the Residences at Riverside Square was provided through a RIHousing mortgage, federal HOME and Housing Trust Fund program funding, as well as RI Rebounds Production Fund, sourced by State and Local Fiscal Recovery Funds (SFRF) funded through the American Rescue Plan Act (ARPA).
Additional support came from the Rhode Island’s housing bond program, Building Homes Rhode Island.
Watch the segment on NBC10.com, here.
