We thank our partners from Massachusetts for seeing the opportunity Downtown Providence presents and for joining with us to make this project a reality,” said Buff Chace, managing partner at Cornish Associates. “Nightingale is an elegant new building adding to the urban fabric of our wonderful Historic Downtown and importantly, providing much needed housing for our city. What was once a surface parking lot would soon be home to 143 new apartments, dramatically increasing the density of the residential community in downtown Providence. In early 2017, the group initiated plans for Nightingale, shifting focus from commercial office development to the demand for additional residential units in the downtown neighborhood. Included in the acquisition were two surface parking lots, one of which was the future home of Nightingale, stretching from Washington St. Together the two firms redeveloped the four-story office building, providing office space for companies including Infosys, the Providence Journal, Tufts Health Plan, Virgin Pulse and Charles Schwab. Nordblom, based out of Burlington MA, brought extensive knowledge and expertise in the commercial office sector, while Cornish, headquartered in the city, provided decades of experience developing mixed-use real estate in the local market. The partnership between Cornish and Nordblom took root as the two development firms came together to redevelop the former Providence Journal Building located at 75 Fountain St. The project is a culmination of efforts among project partners Cornish Associates, Nordblom Company and Boston Andes Capital, LLC. Located at 100 Mathewson St., residents of Nightingale will enjoy amenities, including a fitness center, indoor parking, bike storage room, a co-working space, a resident club lounge, an elevated courtyard with firepit and roof deck with city views. In addition to five stories of apartments, Nightingale contains 11,500 s/f of ground-level retail space, residential amenities, the latest smart building technology, and original local artwork. The newly constructed $54 million, 143-unit apartment community is in the walkable downtown.
Nightingale has welcomed its first residents. For more information about the Section 8 Housing Choice Voucher Program please click here.Providence, RI The first new construction apartment building in over a generation has opened in downtown. The maximum housing assistance is generally the lesser of the payment standard minus 30% of the family's monthly adjusted income or the gross rent for the unit minus 30% of monthly adjusted income. The PHA calculates the maximum amount of housing assistance allowable. The housing voucher family must pay 30% of its monthly adjusted gross income for rent and utilities, and if the unit rent is greater than the payment standard the family is required to pay the additional amount.īy law, whenever a family moves to a new unit where the rent exceeds the payment standard, the family may not pay more than 40 percent of its adjusted monthly income for rent. However, the payment standard does not limit and does not affect the amount of rent a landlord may charge or the family may pay.
The PHA determines a payment standard that is the amount generally needed to rent a moderately-priced dwelling unit in the local housing market and that is used to calculate the amount of housing assistance a family will receive. Search the largest affordable housing listings network in the country, save your favorite properties and search criteria, plus, connect directly with property owners.Ī family which receives a housing voucher can select a unit with a rent that is below or above the payment standard.
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