Research & Reporting > State Fiscal Recovery Funds Dashboard > The Pier Apartments
Last Updated: 12.2.24
Rhode Island Affordable Development Activities
The Pier Apartments
Narragansett
Developer: Narragansett Housing Authority
- Anticipated Completion Date: Q1 2025
- Total Units: 9
- Total Affordable Units: 9
- Affordability: <60% AMI
- Construction Status: 0% complete
Funding Sources and Amount:
| Source | Amount |
| PHA Production Fund* | $1,066,400 |
| 2023 HUD Capital Fund | $30,603 |
| Other Source 2 | $150,000 |
Total Development Cost: $1,247,003
RIHousing-administered SFRF Funds Expended: $0
*Sources funded by the State Fiscal Recovery Funds (“SFRF”).
