Sutton Place Apartments

By Real Estate Development
Sutton Place Location: 54 and 60 Sutton Avenue, East Providence 36 units in two buildings, purchased with assistance from RIHousing. Buildings will make East Providence the seventh of Rhode Island’s 39 communities to meet the state goal that 10 percent of each city’s or town’s housing stock qualifies as low- and moderate-income housing. Renovations to the 22 one-bedroom units and 14 studio apartments in the buildings. A new approach to creating affordable housing: Known in the housing world as Naturally Occurring Affordable Housing (or NOAH), the concept is to purchase modest homes that are meeting the needs of the affordable housing...
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Villa Victoria

By Real Estate Development
Villa Victoria Villa Victoria is a LIHTC project completed in 2007.  The property has 40 units in scattered sites. Four of the seven buildings are are new construction, the other three are ornate, historically significant Victorian homes. Location: Congress Street, Parkis Avenue, and Standwood Street, in the Elmwood neighborhood of Providence. Housing Type: Affordable family rental & community space Completed: 2007 Units: 40 apartments & 1 community space Contractor: Stand Corporation Architect: Donald Powers Architects Financing: LIHTC, RIH 1st Mortgage, RIH Targeted Loan, HOME, Lead funds, Neighborhood Opportunities Program, Building Better Communities Project Cost: $7,898,530
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