Oxford Place and Gardens
Oxford Place and Oxford Gardens were originally developed by the Peoples Redevelopment Corporation (PRC), a community nonprofit organization. The buildings were constructed in 1978 and 1989 respectively and were supported by financing from RIHousing. In 2015, after nearly three decades of ownership, PRC selected POAH to carry on their important work and ensure the preservation of the developments.
Under the terms of the financing, POAH combined both properties into one ownership entity and extended the affordability of the apartments for an additional 40 years. With support from lenders and investors, POAH made renovations that include new roofs, solar panels, siding and insulation, energy efficient windows, hot water heater and furnace replacements, upgraded fire protection systems, common area improvements, handicap accessibility modifications and the modernization of many original apartment kitchens and bathrooms.
- Peoples Redevelopment Corporation
- Rhode Island Housing
- Stratford Capital Group
- Boston Private Bank & Trust Company
- Federal Home Loan Bank of Boston
- NEI General Contracting
- Union Studio Architects