Pawtucket Citizens Development Corporation has just begun construction on their newest project, Blackstone Valley Gateways II. The project will include 41 rental units in Pawtucket and Central Falls. The project will have 3 areas of concentration.
The first is the restoration of the former Old Colony Bank Building in Downtown Pawtucket which will house the New Urban Farm’s Urban Food Lab will provide culinary and agricultural training to teenagers and young adults. This property will also include 13 new affordable rental apartments.
The remaining 28 units will be developed in the Barton Street neighborhood. Twenty-two apartments will be located in Pawtucket and 6 town home style units in Central Falls.
The project builds on the comprehensive community development that PCDC has done in this neighborhood; includes a tot lot, community gardens, resident engagement and 33 units of housing in the Blackstone Valley Gateways I development.
The Project includes funding from the US Department of Housing and Urban Development, Federal Home Loan Bank Boston-Affordable Housing Program, Building Homes Rhode Island and Low Income Housing Tax Credits syndicated by LISC’s affiliate National Equity Fund.
The project is scheduled to be complete in March 2015.