On March 23rd, ONE Neighborhood Builders, a Community Development Corporation based in Providence, held an Open House for the new Elmwood Financial Center at 770 Broad Street in Providence. After a soft opening on February 1, ONE|NB’s Elmwood Financial Center has hosted Homebuyer Education classes and counseling sessions, as well as walk-in clients looking for answers to financial questions.
Of the Elmwood Financial Center launch, ONE|NB’s Executive Director, Jennifer Hawkins, said “This new one-stop center is possible due to the financial support from our community-based financial institutions – Bank Newport, The Washington Trust Company, Bank RI, and Coastway Community Bank. Like us, they understand the importance of having a storefront location along Broad Street where residents can stop-in with no appointment necessary, browse homebuyer resources, speak with our bi-lingual staff, and receive immediate advice.”
Responding to the increased demand for homeownership education, tax preparation, and other financial services and referrals, ONE|NB is excited to open this office in the heart of the Elmwood neighborhood. Last year, ONE|NB helped 27 new homeowners purchase a home.