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532 Kinsley Ave. - Monohasset Mill
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The PPSRF has partnered with four artists, Erik Bright, Joel Taplin, Clay Rockefeller, and Dave Stem, to develop the Monohasset Mill (1865). The 55,000 square foot mill complex will be developed into 36 units of live/work artist lofts. The condominiums will range from 950 square feet to 2,650 square feet, and will be priced between $105 and $200 per square foot. Six of the units will receive silent second mortgages from the HOME program, making them affordable to the low-to-moderate income buyers in perpetuity. The project was funded by the Providence Economic Development Corporation, Bank RI, and the PPS Revolving Fund.