PROJECTCONTRACT AWARD

Canonchet Cliffs refinance subordination approved

Housing Authority Providence
Detected
Sep 24, 2026
39 days ago
Sector
Capital Projects
Est. value
Free account
Detected 39 days agoSep 24

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From the meeting

P. to support a refinance. The refinancing was tied to HUD-backed mortgage loan documents and the limited partnership's buyout of a limited partner/investor.

9 million of refinance proceeds into capital improvements, including radon mitigation, roof and siding replacement, accessibility improvements, septic upgrades, fire protection, oil tanks and boiler work, and a generator. Closing was scheduled between then and September 30.

Meeting date
September 24, 2026
Agency
Housing Authority Providence

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