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Beachwinds Apartments

30 Kingstown Road (Beachwood)
29 South Pier Road (South Winds)
Narragansett, RI 02882
  • Community Room
Deal Type: 
Acquisition/Rehab
Year Built: 
1977
Acquisition Date: 
2004
Last Renovation: 
2021
Number of Units: 
104
Tenancy: 
Senior

Beachwinds Apartments is a 104-unit affordable housing community consisting of two senior properties - Beachwood Apartments and South Winds Apartments - in Narragansett, Rhode Island.

The properties were originally built in 1977 and comprise 4 buildings containing 94 one-bedroom and 10 two-bedroom apartments, rented to low and moderate-income seniors, and located on 5.1 acres. POAH acquired the properties in 2004 and POAH Communities has managed the property since then. 

In 2020, POAH received an allocation of Low-Income Housing Tax Credits (LIHTC) and tax-exempt bonds from RI Housing in order to re-syndicate the property and finance a major renovation which POAH’s included: new exterior siding, improved insulation, replacement and roof repair, new windows, a new ventilation system, kitchen and bathroom upgrades, two renovated and expanded community rooms including outdoor space, conversion of 6 apartments to fully compliant ADA units, common area and office upgrades, site work to improve erosion control. The renovation program focused heavily on improving energy efficiency, sustainability, and improved ventilation, along with improved kitchen and bathroom finishes and flooring, that all directly benefit the residents of these properties.

Beachwinds Apartments offers an important source of affordable housing in the highly desirable oceanside community of Narragansett for the many seniors who call this community home.

 

Project Partners

  • Rhode Island Housing
  • Town of Narragansett
  • Boston Financial
  • US Department of Housing and Urban Development (HUD)
  • Union Studio Architects
  • Pariseault Builders