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
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