Basis Radar

Rhode Island

Providence County, RI

Affordable-housing capital events and public funding posture, from federal filings. 48 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.

Open Providence County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
State Of Rhode Island (state) CDBG $5.7M · HOME $3.4M HOME undrawn $9.7M CDBG undrawn $20.6M
Cranston (city) CDBG $1.1M CDBG undrawn $1.4M · CDBG timeliness 1.3×
East Providence (city) CDBG $729,741
Pawtucket (city) CDBG $1.8M · HOME $513,652
Providence (city) CDBG $5.2M · HOME $1.3M HOME undrawn $6.2M CDBG undrawn $8.9M · CDBG timeliness 1.7×
Woonsocket (city) CDBG $1.1M · HOME $364,138 HOME undrawn $2.2M CDBG undrawn $1.6M · CDBG timeliness 1.5×

Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.

Recently completed subsidized projects

ProjectAmountProgramGranteeCompleted
Summer Street Apartments $1.5M HOME Rhode Island 2026-06-08
Summer Street Apartments $1M HOME Providence 2026-04-23
Tempo Apartments $1.2M HOME Rhode Island 2026-04-13
City View Manor $188,661 CDBG East Providence 2026-04-07
Residences At Riverside Square $1.9M HOME Rhode Island 2025-06-25
390 Pine Street - Rental Development Pcfd $521,487 HOME Pawtucket 2025-04-09
Carroll Tower $81,025 CDBG Providence 2024-08-19
Barbara Jordan Ii Jordan Caffey Townhomes $880,000 HOME Providence 2024-07-16
Cranston Commons East $13,620 CDBG Cranston 2024-06-05
106-122 Bowdoin Street- Rental Project $638,708 HOME Providence 2024-04-04
Wilfrid Manor $969,000 CDBG Rhode Island 2023-10-18
Sutton Place $1.4M HOME Rhode Island 2023-06-29
Delaine Street Apartments $1.2M HOME Rhode Island 2023-03-07
Prospect Heights I $210,000 HOME Pawtucket 2022-03-28
Lincoln Lofts $563,000 HOME Rhode Island 2021-12-02

Pipeline snapshot

48 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.

Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.