Residents of the senior housing development will start to see a lot more activity and hear more noise in the next one to two weeks as major renovations begin to take shape.
Stephen Ostiguy, executive director for the Church Community Housing Corp., a non-profit which operates Anthony House, said major renovations are expected to begin within the next one to two weeks.
"Contractors and engineers are just finishing up now. Within the next one to two weeks, you'll start to see more activity."
Anthony House, a former school and now 70 one-and two-bedroom homes, is undergoing a major, $6.3 million renovation to rehabilitate the aging property.
Some of the work slated for the site will include: upgrades to the common areas such as the lobby and community space; improvements to the kitchens and bathrooms in each apartment; repairs to the roof, installation of new exterior doors; and upgrades to the fire protection systems and elevators.
Anthony House was listed in the town's property transactions this week, but the former school was not sold to a new buyer, Ostiguy says.
The title was transferred to a new entity, 51 Middle LP, for the price of $2.4 million. The entity, 51 Middle LP, is essentially Church Community Housing with a different name, say Ostiguy.
"Technically, it (51 Middle LP) is Church Community. It's part of a financial deal to do more renovations to the property," said the executive director. "The title is transferred, but Church Community will still control it...It's a way to re-finance to make more improvements."
This past April, Rhode Island Housing received $2 million in federal funds from the U.S. Department of Housing and Urban Development (HUD) to fund Anthony House renovations. Rhode Island Housing administers the funding to Church Community Corp. for the renovations.
The funds, a part of the American Recovery and Reinvestment Act (ARRA) announced by President Barack Obama in 2009, helped close the tax-credit financing gap that had been preventing several developments from continuing, according to Rhode Island Housing.