Olney Village

The Olney Village development is concentrated around the William D’Abate Elementary School in Olneyville, where 12 formerly foreclosed properties and several vacant lots were transformed into 40 affordable homes and three community spaces for area nonprofits. The entire development is spread throughout 16 buildings along six residential blocks.

Location: Scattered site on Appleton St., Bowdoin St., Delaine St., Florence St., Julian St., Kossuth St., Manton Ave., Pope St., and Putnam St. in Olneyville

Housing Type: Affordable family rentals & commercial space

Completed: 2013

Units: 40 affordable rentals and 3 commercial spaces

Contractor: TRAC Construction

Architect: ICON Architects

Financing: LIHTC, RIFMFC, 1st Mortgage, City of Providence HOME, BHRI, Lead Mitigation Funds, CDBG, NSP

Project Cost: $10,831,325