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Jo-Ann Ryan
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Rhode Island Housing and SWAP Break Ground on New Homes in South Providence
Dayton Court Will Provide Safe, Healthy Homes for Working Families
Providence, RI (December 9, 2008) – Providence Mayor David Cicilline and Councilman Luis Aponte joined Rhode Island Housing, SWAP, Inc. (Stop Wasting Abandoned Property) and the state’s Housing Resources Commission at a groundbreaking ceremony for Dayton Court this morning. When completed, Dayton Court will provide six safe, healthy homes that working families can afford.
“During these challenging economic times, we have to work harder than ever before to ensure that families have access to safe, affordable homes,” said Mayor Cicilline. “SWAP and Rhode Island Housing continue to be strong partners in our efforts to fuel our economy while providing hope and opportunity for the families in our neighborhoods.”
"SWAP has been building homes and revitalizing neighborhoods in Providence for nearly 35 years, but the need is still great,” said Carla DeStefano, Executive Director of SWAP. “Dayton Court is good for South Providence and good for the Rhode Island economy. We are putting local people to work and providing quality homes at affordable prices for working families."
Dayton Court will consist of two free-standing single family homes and two duplex homes with a side-by-side owner and rental townhouse design. All six homes will have three-bedrooms and will be Energy Star-certified. The homes will be marketed to families with incomes less than $61,000 a year.
“Now more than ever, Rhode Island families are in need of safe, healthy homes that they can afford to buy and afford to keep.” said Susan Bodington, Deputy Director of Rhode Island Housing. “Building new homes that working families can afford is a vital part of reducing the state’s housing shortage and improving our local economy.”
Financing for Dayton Court came from several sources, including the City of Providence, Rhode Island Housing and the state’s Housing Resources Commission. The City of Providence provided $200,000 in HOME funds. Rhode Island Housing provided $150,000 in federal HOME funding. The Housing Resources Commission’s Building Homes Rhode Island program also provided $241,500 toward construction costs.
"The Housing Resources Commission is pleased to invest in SWAP's work to revitalize the South Providence community,” said Susan Baxter, Housing resources Commission Chairwoman. “Dayton Court will result in six new homes, numerous new jobs and better lives for families who will live there."
Dayton Court is located in Lower South Providence and is in close proximity to public transportation, schools and medical facilities. The development is also near Roger William Park, Route 95 and the Broad Street business district. Eddy Street and Allens Avenue, home to many businesses, are also nearby, which will provide many opportunities for jobs. Construction is expected to be completed next summer.
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