Residences at Riverside Square

By Home page feature, Real Estate Development
Residences at Riverside Square In predevelopment The Residences at Riverside Square development will create 16 new affordable rental apartments for very-low to moderate income households. The redevelopment of this site will revitalize a long-vacant and blighted property adjacent to the East Bay Bike Path. 336 & 348 Bullocks Point Ave., 12 Fenner Ave., East Providence A mix of 16 one- and two-bedroom new apartments 17 off-street parking spaces Very-low to moderate-income households Riverside Square is a “pocket neighborhood” undergoing a renaissance, with significant investments being made by homeowners and merchants, as well as by the City of East Providence to...
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Sheridan Small Homes

By Real Estate Development
Matthew Healey photo Read more about Sheridan Small Homes See a slideshow from our ribbon-cutting Five passive-energy certified, single-family homes each include: 2 bedrooms, 1.5 bathrooms, and a balcony 750 square feet of living space Solar power production offsets the owner’s expenses Intended for buyers earning up to 80% AMI. Starting at $140,000 Located along the Woonasquatucket River Greenway, a bike path, with easy access to Olneyville nightlife. For purchase information please contact Belinda at (401) 529–0888 or complete the form below. Notice: JavaScript is required for this content.
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Manton Ave. Live/Work Townhomes

By Real Estate Development
Four new townhomes each include: Owner-occupied 2 bedroom unit & ground floor commercial space Attached 1 bedroom affordable apartment Off-street parking Intended for buyers earning 80%-120% AMI- price starting at $240,000 Located near Olneyville’s vibrant commercial corridor, adjacent to Joslin Park, and easy access to the bike path. For purchase information please contact Belinda at (401) 529 – 0888 or complete the form below. Notice: JavaScript is required for this content.
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Adelaide Apartments

By Real Estate Development
Adelaide Apartments Adelaide Avenue Apartments are comprised of 36 affordable units in 10 buildings on scattered sites.  One building is new construction.The other nine are ornate Victorian homes and carriage houses. Location: Adelaide Ave., Laura St., Melrose St., Price St., & Sackett St. in Elmwood Housing Type: Affordable family rental Completed: 2003 Units: 36 apartments Contractor: Nationwide Construction Architect: Durkee, Brown, Viverios & Werenfels Financing: LIHTC, 1st Mortgage, HOME, RIH Targeted Loan, Lead funds, NOP, PRA loan Project Cost: $5,875,034
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Amherst Gardens

By Real Estate Development
Amherst Gardens Amherst Gardens is a 36-unit affordable rental development completed in October 2017 and now fully occupied. Located in the residential core of the neighborhood, focused on Amherst Street, this cluster of homes was among the most devastated by the foreclosure crisis. The project transforms 14 formerly foreclosed and blighted properties into attractive, stable and affordable rental housing for 36 families who are invested in contributing to a healthy community. Location: Scattered site throughout the Olneyville neighborhood centered on Amherst Street Housing Type: Affordable family rental Completed: 2017 Units: 36 Contractor: Pezzuco Construction Company Architect: DBVW Architects Financing: RI Housing, Citizens...
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Broad Street Revitilization

By Real Estate Development
Broad Street Revitalization Broad Street Revitalization is a  four building mixed-use project in Elmwood that runs along the neighborhood's main street, Broad Street.  It's made up of 25 affordable apartments and commerical and community space.  Tenants include The Elmwood Financial Center and ONE|NB partner, Project Weber/RENEW. Location: Broad Street, Reynolds Street, and Chester Street in Elmwood Housing Type: Affordable rentals and commercial space Completed: 2011 Units: 25 residential, 5,000 sq ft. of commercial space Contractor: Stand Corporation Architect: David Presbrey Architects Financing: LIHTC, RIH 1st Mortgage, RIH Targeted Loan, HOME, Lead funds, Neighborhood Opportunities Program, BHRI Project Cost: $7,048,765
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Elmwood Neighborhood Revitalization I

By Real Estate Development
Elmwood Neighborhood Revitalization I ENRI is comprised of 32 scattered site affordable units in the Elmwood neighborhood. Four of the buildings are new construction and seven are moderately rehabbed buildings. Location: Congress St., Hamilton St., Laura St., Mitchell St., & Ontario St. in the Elmwood neighborhood of Providence. Housing Type: Affordable family rental Completed: 1999 Units: 32 apartments Contractor: Nadeau Construction Architect: Durkee, Brown Architects Financing: LIHTC, 1st Mortgage, HOME, RIH Targeted Loan, Lead funds Project Cost: $4,701,629
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Elmwood Neighborhood Revitalization II

By Real Estate Development
Elmwood Neighborhood Revitalization II Elmwood Neighborhood Revitalization II was completed in 2003.  It's comprised of fourty-six affordable family rentals in thirteen buildings.  Twelve of the buildings are older, rehabbed homes and one is new construction.  There is also one community space at 693 Broad Street which is home to our management company, First Realty Management. Location: Elmwood Neighborhood  Housing Type: Rental Completed: 2004 Units: 46 affordable rentals and one community space Contractor: NationWide Construction Architect: Presbrey Architects Financing: LIHTC, Federal Historic Tax Credits, Neighborhood Opportunities Program, Lead Funds, RI Housing First Mortgage Project Cost: $8,428,529
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