Development Consultant to Omni Development Corporation for the redevelopment of this historic landmark into 16 units of affordable housing. Project includes financial packaging, tax credit packaging, development team selection, and construction oversight. Sources of funds: HOME, Low Income Housing Tax Credits, Historic Tax Credits, Targeted Loan, and RI Housing. Project complete, Spring 1997.

           The Whitmarsh,

\         Providence,RI

 

Project:                  Rehabilitation of

                               Historic landmark

 

Location:               Providence, RI

 

Client:                   OMNI Development Corporation

 

Funds:                   HOME, Low Income Housing Tax Credits, Historic Tax Credits, Targeted Loan, and RI Housing

 

Units:                     16 Family

 

TDC:                      $1.4 million

               

Completed:          Spring 1997.

Historic Rehabilitation of one of the 10 most endangered historic structures in the City of Providence constructed into 16 family apartments.

Experts in planning to financing to completion