Palmer Pointe

97 Sowams Rd, Barrington, Rhode Island 02806

Palmer Pointe, the development includes 46 affordable apartments at two locations: 40 apartments on the Sowams Road site (former home of Sowams Nursery) and six units on three vacant lots at the Sweetbriar development on Washington Street in West Barrington. Both sites feature homes designed using traditional building styles along roads lined with sidewalks. Parking is situated beside or behind buildings to help strengthen the pedestrian network of the community.

Palmer Pointe Details

  • 40 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Image of Palmer Pointe
Image of Palmer Pointe