ProJo: Financing OK'd for housing in Lincoln, North Kingstown and Providence

PAWTUCKET, R.I. — The Rhode Island Housing Board of Commissioners approved financing and low-income-housing tax credits Thursday for three affordable developments, one each in Lincoln, North Kingstown and Providence.

The board also approved a $500,000 revolving loan for ONE Neighborhood Builders, a nonprofit community-development organization in Providence, to buy and rehabilitate or build new affordable properties to sell to first-time home buyers in the Olneyville and Elmwood neighborhoods in Providence.

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Courtesy of Providence Journal