Reed announces $656K in federal funds to R.I. NeighborWorks organizations

PROVIDENCE – Three NeighborWorks America organizations in Rhode Island will receive a combined $656,000 in federal funding, Sen. Jack F. Reed, D-R.I., announced Tuesday evening.

NeighborWorks is a congressionally chartered nonprofit focused on providing and building affordable housing. Last year, the program assisted 2,035 families in Rhode Island in getting affordable housing and counseling.

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The funding comes from the 2018 Omnibus Appropriations bill passed in March. Reed said the bill secured $140 million for the nonprofit nationwide.

NeighborWorks Blackstone River Valley will receive $258,000 from the bill. The organization works in northern Rhode Island and will use the funds primarily for its Greenridge project in Burrillville, which, when completed, will provide 96 affordable apartments for low-income families.

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ONE Neighborhood Builders will receive $210,000. ONB builds affordable housing in the Olneyville and Elmwood neighborhoods in Providence.

West Elmwood Housing Development Corp. will receive $188,000. WEHDC provides housing services in the West End neighborhood of Providence and helps individuals and families meet their affordable-housing needs.

NeighborWorks, and more specifically these vital organizations, work incredibly hard to ensure that Rhode Islanders have access to affordable housing,” said Reed in a statement.