Westerly, RI – Dakota Partners’ community, Southpoint Commons in Westerly, has been awarded funding by RIHousing, as part of $101 million in capital from various federal and state resources to support affordable housing throughout the state. This is Dakota’s fourth project being built in Rhode Island.
Southpoint Commons will feature 72 mixed-income rental units in two 3-story apartment buildings with a community building. All the buildings will be garden-style buildings with a mix of one-bedroom, one-bath, two-bedroom, one-bath units, and three-bedroom two-bath units. Sixteen units will be income restricted to households earning at or below 30% of AMI and will have HPF Extremely Low-Income Operating Reserve, 41 units are income restricted to households earning at or below 60% of AMI, and 15 units are unrestricted and priced at market rate.
The 7.5-acre site will include a total of 147 surface parking spaces, a playground, and a 2,800sf clubhouse building with additional amenities.
“In times when our state faces increasing housing challenges, being nimble, innovative, and a good partner is critical to achieving our shared goals,” said Carol Ventura, executive director of RIHousing. “The State Fiscal Recovery Funds we have administered have been essential in the construction and preservation of homes for hundreds of families across the state and we’re proud to help meet the state’s housing demands, support jobs and reinvigorate the economy.”
