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Providence, RI (2018)

Meeting Street

The new construction of a 28,000 sq. ft. addition to an existing 76,000 sq. ft. facility.

Investment

  • NMTC Amount: $13,000,000
  • Total Project Cost: $31,455,582

IMPACT

  • 243 FTE jobs
  • 25 construction jobs
  • 5,000 children served per year
  • 28,000 sq. ft. of real estate

CDEs

Investor

Project Description

Meeting Street was founded in 1946 and is headquartered in a severely distressed urban neighborhood of Providence, Rhode Island. The organization provides educational and therapeutic services to over 5,000 children annually ranging from birth to age 21, most of whom are low-income. The QLICI financed the new construction of a 28,000 sq. ft. addition to the existing 76,000 sq. ft. facility. The purpose of the new addition is to provide ten new classrooms and other program space for sub-tenancy by Hope Academy Charter School, which was launched by the sponsor in 2014.

MAP

Address: 100 Eddy Street, Providence, RI 2905

Census Tract: 44007000800

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