Apartment Look

Palo Alto Housing Corporation has completed a $31.9 million renovation of the Colorado Park Apartments , the oldest affordable housing property in its portfolio. The nonprofit agency on Aug. 17 celebrated the grand reopening of the seven-building, 60-unit complex at 1142 Colorado Ave. The renovation made the complex, built in 1972, more modern and eco-friendly. Upgrades included adding energy -efficient appliances and water saving fixtures in the apartments as well as drought resistant plants and solar panels in common areas. “Through high-quality design and construction, we were able to significantly update the buildings and enhance the quality of life of our residents here,” said Candice Gonzalez, president and CEO of Palo Alto Housing. “This rehab and syndication also ensure that these homes remain affordable for the long-term.” The renovation also included replacement of the building façade and new patio fencing, roofing, paint and landscaping. Outdoor seating, a barbecue are...

Christine Dunn Journal Staff Writer ChristineMDunn PROVIDENCE, R.I. — Commerce Secretary Stefan Pryor on Thursday morning lauded a vote by the Rhode Island Housing Board of Commissioners to approve final financing for the Lippitt Mill Apartments development in West Warwick. The mill, the second-oldest in Rhode Island, will be reused as 65 apartments, including 28 affordable units , Eric Shorter of Rhode Island Housing told the board. The total project cost is $15.9 million, including $2.3 million in Rebuild RI tax credits . Developer Kristopher Shaw said there will be a groundbreaking this fall, and he hopes construction will be completed by next summer. Board member Kevin Orth said that in addition to providing needed mixed - income housing , the project includes the preservation of a site with "historical and cultural significance," and it will also accomplish environmental remediation of the property. Currently vacant and uninhabitable, the site requires freq...

August 22, 2017 http://www.rhodeislandhousing.org/ Providence, RI – The RIHousing Board of Commissioners approved $63.8 million in investments that will create or preserve 436 homes, support 350 jobs and significantly improve developments in West Warwick, Pawtucket, Providence and North Providence. “Housing is not only essential for a healthy economy, it is the foundation of strong communities,” said Barbara Fields, Executive Director of RIHousing. “While these four developments will have a significant impact on many families and an even broader impact on the Rhode Island economy , we still have more work to do. We look forward to continuing our push to increase and maintain the local supply of housing to help Rhode Island’s families and businesses thrive.” Lippitt Mill Apartments in West Warwick was approved for $9 million in financing to preserve the mill and build 65 new apartments, 28 of which will be income-restricted. Lippitt Mill is the state’s second-oldest mill and is curren...