Ivy Place is a mixed-used development that will include 10 new affordable workforce housing units located on Ivy Street and Taunton Avenue (a part of the EP Waterfront Commission’s Taunton Avenue sub-district) in East Providence. Affordable housing units are eligible to buyers who earn up to 80% of the area median income (AMI), adjusted for family size.
This project will also include three market-rate units along with ground level retail space on Taunton Avenue. All of these housing units will be owner occupied which will also include live work space options.
Ivy Place will be located in the City’s central metro area which is within walking distance of City Hall and the Weaver Library. The location is also well served by Rhode Island Public Transit Authority (RIPTA).
This development comes at a critical time.
Despite the economic disruption caused by COVID-19, housing prices in Rhode Island continue to reach record levels. In May 2020, the median sales price for an existing single-family home in Rhode Island was $309,500, an all-time high for the state. Home prices in East Providence have experienced a steady increase as well with the price of a single-family home rising from $170,000 in 2014 to $245,000 in 2019 — a 44 percent increase. New home and apartment construction will help control surging home prices.
These rising prices have made it increasingly difficult for many residents to afford adequate housing. Affordable housing directly addresses the challenges facing many Rhode Islanders in their search for a permanent home. Housing provides much needed security, a better sense of well-being and promotes upward social mobility for many people. East Providence has a long history of being an affordable community that provides realistic opportunities for home ownership.
In addition, affordable housing has many favorable economic benefits. Research from Housing Works RI indicate that for every $1 invested in housing it will produce $16 in economic benefits.
While demand for housing remains strong, the supply of new homes has not kept pace. Experts indicate that Rhode Island has an annual shortfall of new home construction of approximately 1500 housing units over the past 10 years. This chronic shortage of available housing can stymie a community’s long-term economic growth. A housing deficit will deprive younger generations of an opportunity to establish a prosperous future for themselves.
Ivy Place will be constructed at the corner of Ivy Street and Taunton Avenue in a lot that has been vacant since 2008. This new construction will contribute to the ongoing revitalization of one of East Providence’s main commercial corridors. Just one block from this project, a vacant building was renovated into new apartment units, featured retail space and the attractive Café Zara, which opened in Spring 2020.
Ivy Place is being developed by NeighborWorks Blackstone River Valley in partnership with Providence, RI-based Demeter LLC, with architectural design by Union Studio Architecture & Community Design, also of Providence. Funding for Ivy Place comes from a variety of sources including BankRI with the Federal Home Loan Bank Boston Affordable Housing Program (AHP), the RI Office of Housing and Community Development using Building Homes RI (State Bond) funds and support from the East Providence Waterfront Commission’s Affordable Housing In-Lieu Trust fund.
To see the plans that were presented at the design workshop during the Waterfront Commission’s June 2020 meeting, click here.
The point of view of your article has taught me a lot, and I already know how to improve the paper on gate.oi, thank you. https://www.gate.io/zh-tw/signup/XwNAU
I may need your help. I’ve been doing research on gate io recently, and I’ve tried a lot of different things. Later, I read your article, and I think your way of writing has given me some innovative ideas, thank you very much.
I may need your help. I tried many ways but couldn’t solve it, but after reading your article, I think you have a way to help me. I’m looking forward for your reply. Thanks.
What is the copyright situation for film stills taken from DVDs and used in academic articles?
What are the pros and cons of housing a blog on corporate website vs. using Blogspot?
I just install WordPress. I post some posts but they all go to homepage. How can I let posts go to different page, for example, I have ‘articles’ tab and ”events’ tab. I want articles postings go to articles section and I want events postings go to events section..
Thanks a lot for the article.Thanks Again. Keep writing.
Thanks again for the article post. Keep writing.
Muchos Gracias for your article.Much thanks again. Great.
Appreciate you sharing, great article.Much thanks again. Much obliged.
Hi! I could have sworn Iíve been to this blog before but after going through a few of the articles I realized itís new to me. Regardless, Iím certainly pleased I found it and Iíll be bookmarking it and checking back often!
Say, you got a nice article.Really looking forward to read more.
You actually make it seem so easy along with your presentation but I find this matter to be actually something which I believe I’d by no means understand. It kind of feels too complex and very extensive for me. I am looking ahead for your subsequent post, I¦ll try to get the cling of it!
I truly appreciate this article.Really thank you!
I got what you intend, thankyou for posting.Woh I am pleased to find this website through google. “Don’t be afraid of opposition. Remember, a kite rises against not with the wind.” by Hamilton Mabie.
Amazing things here. I am very glad to look your article.Thanks a lot and I am looking forward to contact you.Will you please drop me a e-mail?
Awesome post.Really looking forward to read more. Keep writing.
araba temizlik seti Aronas Porter araba termosu Archer Liu araba tamircisi Abbey Paterson araba tarot Ciaran Stevenson t araba markası Melody Alcock t araba amblemi Saffa Cantu araba t shirt Pauline Wallis arabalı t shirt Abbigail Charles
Good write-up, I am regular visitor of one?¦s blog, maintain up the excellent operate, and It is going to be a regular visitor for a long time.
Excellent post. I was checking continuously this blog and Iam impressed! Extremely helpful information specifically the last part 🙂 I care for such information much.I was seeking this certain info for a very long time. Thank you and best of luck.
When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time acomment is added I get four e-mails with the same comment.Is there any way you can remove people from that service?Cheers!
Control your S7 PLC with your iPhone or iPad. S7 Remote is the perfect App to control your home or view some machine data.
Awesome blog article.Really thank you! Much obliged.
We used to work together hydrochlorothiazide and lisinopril taken together Then there were times during the season — when he caught 56 passes for 896 yards and zero touchdowns — that he looked like he was barely giving an effort
Why people still use to read news papers when in this technological globe everything is accessible on net?My blog post flac.or.id
Thanks for any other wonderful post. The place else mayjust anyone get that kind of info in such a perfect way of writing?I have a presentation subsequent week, and I am at the search for such info.
I enjoy reading an article that can make men and women think. Also, thanks for allowing me to comment.
There’s certainly a great deal to know about this subject. I really like all the points you’ve made.
loft apartments for rent rentberry scam ico 30m$ raised apartments in decatur al
Hi there, just wanted to tell you, I enjoyed this article.It was inspiring. Keep on posting!
Thanks a lot for the blog article.Really looking forward to read more. Great.
Great, thanks for sharing this blog post.Much thanks again. Cool.
I love what you guys tend to be up too. Such clever work and reporting!Keep up the wonderful works guys I’ve included you guysto my personal blogroll.
I really enjoy the article.Thanks Again. Great.
This is one awesome blog post.Thanks Again.
Im thankful for the blog.Really looking forward to read more. Fantastic.
Really enjoyed this article post.Much thanks again. Great.
hydroxychloroquine prophylaxis chloroquine purchase
I really like and appreciate your blog post.Thanks Again. Really Cool.
Thanks-a-mundo for the blog article.Much thanks again.
Thank you for every other great post. The place else could anyone get that type of info in such an ideal method of writing? I’ve a presentation next week, and I’m at the look for such information.
Really appreciate you sharing this article post.Much thanks again. Fantastic.
You receive a stylus for hand composing or even additional fragile jobs. The dark brown color also shows itself around the keyboard and known as. Want introduce the type of wall then mounted.
I’m still learning from you, but I’m trying to reach my goals. I absolutely love reading everything that is posted on your website.Keep the tips coming. I enjoyed it!
Very good article. Keep writing.
Strap on your virtual boots and get ready for the most thrilling soccer adventure of your gaming life
dating seitenour time dating service complaints
Pretty section of content. I just stumbled upon your blogand in accession capital to assert that I acquire in fact enjoyed account your blog posts.Anyway I’ll be subscribing to your feeds and even I achievementyou access consistently quickly.
Everyone loves what you guys are up too. Thiskind of clever work and exposure! Keep up the great works guysI’ve incorporated you guys to our blogroll.
Thanks a lot for the blog post.Much thanks again. Want more.
Very neat blog.Thanks Again.
very good put up, i actually love this web site, carry on it
I value the blog article. Keep writing.
Wow, great blog article.Really thank you! Great.
generic cefixime: cleocin tabletsminocin tablets
Heya! I’m at work browsing your blog from my new apple iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Keep up the outstanding work!
Just implement some mid-glow pomade to moist hairand separateHair Styles – The Most Beautiful Hairstyle New Popular Hairstyleshair styles
I blog quite often and I truly thank you for your information. This great article has really peaked my interest. I’m going to book mark your blog and keep checking for new details about once a week. I subscribed to your RSS feed as well.
Today, I went to the beach front with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!
how much ivermectin to give a dog with mange ivermectin paste 1.87 dosage for dogs
Hey, thanks for the blog article.Much thanks again. Cool.