Altamonte Ridge Home Ownership Development – January 2013, Women’s Development Corporation, together with Coastway Community Bank received a $400,000 grant award and $575,000 construction financing in the Federal Home Loan Bank of Boston’s 2012 AHP Funding round for the Altamonte Ridge Condominiums Development. Altamonte Ridge will be a walkable new homeownership subdivision in Richmond, RI and will include two bedroom duplex units and three and four bedroom single family homes. The funds will provide assistance for the construction of Phase One, consisting of 10 duplex units and 7 single family homes. Construction is expected to begin Summer 2013.
Federal Home Loan Bank Awards Wdc $400,000 Grant in December 2012.
January 31, 2013