By Sarah Doiron
Published July 26, 2021, 10:06 p.m.
Channel 12 WPRI-TV
PROVIDENCE, R.I. (WPRI) ─ State leaders and lawmakers gathered Monday to celebrate the completion of two new affordable housing developments in Providence.
The two developments, made possible by ONE Neighborhood Builders, represent a nearly $20-million investment in the capital city.
“Housing costs are skyrocketing in Rhode Island, squeezing renters and first-time homebuyers,” Sen. Sheldon Whitehouse said during the ribbon-cutting ceremony for both developments. “I’m glad to be here in Olneyville to celebrate the opening of affordable, energy-efficient apartments and homes made possible in part because of federal investments.”
The nonprofit organization said the first development, King Street Commons, boasts 30 new affordable apartment units and a child care center, which will be operated by Children’s Friend. It also includes the revitalization of 32 apartment units in the city’s Elmwood Avenue neighborhood.
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