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Audrey St Initiative

The Audrey Street Initiative transformed a section of Audrey St by removing four derelict properties from the neighborhood and replacing them with three energy-efficient, well-planned, single-family homes available to low-moderate income first-time homebuyers. The project was constructed in partnership with Building Futures RI, a local non-profit that creates career opportunities for low-income residents of urban communities through established apprenticeship programs. The 3-bedroom, 1.5 bath Audrey Street homes sold upon completion in 2017 and are now housing three happy households who are part of the Olneyville community.

Location: Audrey Street in Olneyville

Housing Type: Single family affordable family ownership

Completed: 2017

Units: 3

Contractor: ONE Neighborhood Builders partnering with Building Futures RI

Architect: Kite Architects

Financing: City of Providence HOME program, TD Bank, State Neighborhood Stabilization Funds

Project Cost: 1 Million