Providence lends $850K to Farm Fresh RI to buy land

HOME GROWN: Osbert Duoa, a sales manager at Farm Fresh Rhode Island, works at the Pawtucket Wintertime Farmers Market in the Hope Artiste Village in 2015. / PBN FILE PHOTO/MICHAEL SALERNO
HOME GROWN: Osbert Duoa, a sales manager at Farm Fresh Rhode Island, works at the Pawtucket Wintertime Farmers Market in the Hope Artiste Village in 2015. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – City officials on Wednesday announced Providence has made an $850,000 secured loan with Farm Fresh RI to buy land on Kinsley Avenue. The loan was made through the Providence Business Loan Fund, or PBLF, a new version of the embattled Providence Economic Development Partnership Revolving Loan Fund. The loan will go toward the acquisition of 3.2…
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