SMITH HILL VISIONS II, Providence, RI

This ambitious undertaking confronts today’s most serious threat that faces hundreds of urban neighborhoods throughout the country – the proliferation of foreclosed properties. The Plan addresses two pressing issues – the addition of affordable rental units and the acquisition of rehabilitation of foreclosed and vacant properties. This is an unprecedented opportunity to provide much needed affordable housing while repairing, restoring 52 rental units and improving a densely populated residential sector of the city.

$13.00
millions
Completed
Providence
RI
Rehabilitation
Summer
SMITH HILL VISIONS II, Providence, RI
1st Mortgage
BHRI Funds
HOME
Lead
Low Income Housing Tax Credits
NSP Funds
Rhode Island Housing and Mortgage Finance Corporation
Targeted Loan
2 012
Rental Units
52