This is an opportunity for the eighteen (18) affordable 1-bedroom and 2-bedroom units located within St. Louis Schoolhouse, a renovation of an existing school building in Fall River. Nine (9) of these units will be sold at affordable prices to households with incomes at or below 80% of the area median income (AMI), and Nine (9) of these units will be sold at affordable prices to households with incomes at or below 100% of area median income (AMI). Affordable homes are expected to be ready starting in the Summer of 2025. Units will feature LED recessed lighting with smart wi-fi light switches, mini split AC units, on demand hot water system, a video doorbell system, high end counter tops, contemporary cabinet design, in unit washer and dryer appliances, floating vanities, and more. The community will feature bike storage, security camera system, a mail and storage room, trash chute system, conference room and co-working space, elevator, an elevated outdoor balcony for common use, and 18 parking spaces.

To be eligible to apply for purchasing an affordable unit, the combined annual income for all income sources of all income-earning members in the household must be at or below eighty percent (80%) or one hundred percent (100%) of median income for the local area (Providence-Fall River FMRA). The maximum incomes allowed for this program are: