Ribbon Cut on New Mixed-Income Apartment Building

An array of Rhode Island federal, state and local officials helped cut the ribbon at Soria – a 63-unit all-affordable apartment complex on Frenchtown Road built with private, state and federal dollars. 

The project, 10 years in the making, was originally conceived by Cove Homes, a nonprofit developer affiliated with the East Greenwich Housing Authority, when the state Dept. of Transportation put the parcel just west of Route 4 up for sale.

“When this came along, it just seemed to be a good location and a good price,” said Cove Homes board president Ruth Feder. “First they had to find the money to buy the land, which turned out to need some remediation. A grant from the state helped make that happen. [...] Read full article.