Homeownership
Homeownership opportunities in Smith Hill developed by the CDC
Smith Hill CDC strives for a balanced approach to property development, offering a wide range of quality housing choices. Our experienced staff will assist qualified buyers navigate through the homeownership process and the City of Providence’s homeownership down payment assistance programs.
Capitol Square at Smith Hill. Smith Hill CDC has several newly constructed 3 bedroom condos for sale on Douglas Avenue in our Capitol Square at Smith Hill development. Units are mixed-income and start at $89,000.
42 Violet St is a one-bedroom cottage that has been beautifully refurbished. Listed at $68,000, this is a must see!
93 Goddard & 63 Candace are both currently in development. Each house will have a four-bedroom, townhouse-style owner-occupied unit and a two-bedroom rental unit. They are both priced at $135,000. A qualified buyer who gets involved at this point in the process with either house will be able to choose his/her own colors and a limited number of other amenities.
Smith Hill CDC also offers:
- counseling services and information to help navigate through the process of homeownership
- own classes in economic self-empowerment and home ownership
Counseling
Contact Barbara Adams to schedule an appointment.
Smith Hill CDC classes
Learn more about Economic Empowerment classes.
Key Partners
In general, there are many programs for first-time homebuyers that include reduced or no down payments and below market interest-rate loans. Rhode Island Housing is a key resource for information about these loans.
The first step in qualifying for many of these first-time homeowners programs is to take a Homeownership Class through Rhode Island Housing. View the schedule of places and times.
The Housing Network is another excellent resources for information about homeownership.