Submitted by GhostOpera406 t3_ym57l6 in RhodeIsland
degggendorf t1_iv21fq3 wrote
The location for anyone interested: https://www.google.com/maps/place/41%C2%B050'25.3%22N+71%C2%B022'13.2%22W/@41.8411317,-71.3713023,968m/
> The site has been remediated and reclaimed and will now be developed into 392 single and multi-family units in addition to apartments adding to the housing stock in East Providence. The development includes 39 age-restricted affordable housing units.
I don't see if there are other non-age-restricted designated affordable units, but I would sure hope so. I also don't see that the city is kicking in any money in the form of grants, loans, or tax reductions, which might explain the inability to force more affordable units.
Either way, more supply is still a good thing...especially in a location like this.
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