RIHousing approves $30M loan for Rock Ridge Apartments
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Description
RIHousing authorizes the issuance of up to $30 million in Multifamily Housing Revenue Bonds for a loan to Rock Ridge, LP, to finance the Rock Ridge Apartments project. The bonds have a term of up to 40 years.
Contract Details
Contract Amount
$30,000,000
Vendor
ROCK RIDGE
Agency
Rhode Island Housing, RI
Contract Type
Loan
Document Date
March 20, 2025
Contract Term
40 years
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rhode-island-housing-rock-ridge-project-financing-agreement-april-1-2025_6ce.pdf
rhode-island-housing-rock-ridge-project-financing-agreement-april-1-2025_6ce.pdf
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rhode-island-housing-era2-site-acquisition-program-funding-awards-resolution_f07.pdf
ri-housing-resolution-authorizing-multifamily-housing-revenue-bonds-rock-ridge-project_87b.pdf
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