Rhode Island Affordable Development Activities 

Looking Upwards Apartments

Jamestown

Developer: SWAP, Inc. and Looking Upwards

  • Anticipated Completion Date: Q3 2025
  • Total Units: 12 units
  • Total Affordable Units: 12 units
  • Affordability: 30% – 80% AMI

 

  • Construction Status: 6% completed

Funding Sources and Amount:

Building Homes Rhode Island (“BHRI”) $1,800,000
State Fiscal Recovery Funds (“SFRF”) $3,327,265
FHLB Affordable Housing Program $250,000

Total Development Cost: $5,377,265

SFRF Funds Expended To-Date: $319,240.92 

Affordable apartment rendering in Jamestown
Looking Upwards 4.4.2024 Site Visit picture

Site Visit: April 2024