Chachapacasset Street Homes
Chachapacasset Street Homes is the affordable component of a larger-scale market rate development. The affordable units included two homeownership opportunities targeted at households whose income did not exceed 120% AMI, as well as one rental home serving households at or below 80% AMI.
The project consists of one single-family home with three bedrooms; plus a multi-family home with a three-bedroom owner-occupied unit and a one-bedroom rental unit.
Project Information
Location: Barrington, RI
Completed: April 2021
Developer: SWAP (Stop Wasting Abandoned Property) Inc.
Project Architect: William Young
Project Builders: Stand Corporation
Number of Units: 3 new
Total Development Cost: $875,000
Funding Sources: RI Housing - Homeownership Investment Fund (HIF), BankRI