Sixty King, located at 60 King St in Providence, has studio, one, two and three bedroom apartments. Sixty King participates in the Low-Income Housing Tax Credit (LIHTC) program.
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To Olneyville neighborhood locals, Sixty King Street in Providence, Rhode Island is more than just an address. For some it's the Imperial Knife Factory, while other Providence natives remember back in the 1920's, when it was the Rochambeau Worsted Wool Factory. And if you're lucky to have been around long enough, you'll remember that scorching hot summer day when the skies opened up and rained down fish... even if only for a few seconds.
However it's regarded, the building symbolizes innovation and invention. Olneyville stands for originality and community. And the newest chapter of Sixty King offers 60 spacious and light-filled studio, one (1), two (2) and three (3) bedroom apartments and lofts that rest inside its sturdy confines.
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.
Sixty King is managed by Trinity Management.