PRF is Rhode Island's only homegrown CDFI lender focused on housing, historic preservation and equitable neighborhood revitalization. Affordable home repair loans for homes 50+ years old. We also provide construction management for the repair and preservation of historic properties in and out of historic districts.
From color consultations to salvaged materials and even loans for historic restoration, PRF provides the support needed to bring older homes back to life. The Providence Revolving Fund (PRF) invests in low- and moderate-income households and neighborhoods using affordable loans that build wealth and improve neighborhoods, particularly in communities of color.
We strive to stimulate equitable community revitalization that reflects neighborhood values and that promotes access to housing and economic opportunity for all. PRF provides Developers with customisable financing including but not limited to Pre-Development, Construction, Bridge, and Mezzanine loans.
From color consultations to salvaged materials and even loans for historic restoration, PRF provides the support needed to bring older homes back to life. The Providence Revolving Fund (PRF) invests in low- and moderate-income households and neighborhoods using affordable loans that build wealth and improve neighborhoods, particularly in communities of color.
We strive to stimulate equitable community revitalization that reflects neighborhood values and that promotes access to housing and economic opportunity for all. PRF provides Developers with customisable financing including but not limited to Pre-Development, Construction, Bridge, and Mezzanine loans.
Services
PRF offers affordable home repair loans for the exterior renovation of homes 50+ years old. Our products have flexible underwriting and terms that make non-traditional lending possible. Not only are we responsive and flexible, but our PRF also provides soup to nuts services that support homeowners through the renovation process.
PRF provides Developers with customize-able financing including but not limited to Pre-Development, Construction, Bridge, and Mezzanine loans. Priority is given to projects that promote deed restricted mixed-income projects where there is a preservation component. Assistance is not limited to projects in Providence.
Providence Revolving Fund works to preserve Providence's architectural heritage and stimulate community revitalization through advocacy, lending, technical assistance, and development in historic areas. Since 1982, our Neighborhood Loan Fund has invested over $10 million in low- and moderate-income neighborhoods and Historic Districts to preserve the character and charm of aging Providence properties.
The Providence Revolving Fund is a 501(c)3 non-profit organization with a long history of providing affordable loans and support to historic properties in Providence and beyond. Whether donating in dollars, salvage items, property or time, there are many tax deductible ways to donate and show your support.
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Ronnie Kapuscinsku
Nov 12, 2018
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