About This Property
Olneyville Revitalization provides 32 low-income units in Providence, Rhode Island, serving families through a mix of one-, two-, and three-bedroom apartments. The property has been in service since 2002 and receives funding through HOME and 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages this residential community.
Waitlist Information
Waitlist managed by Housing Authority Providence
Applications are accepted for studio apartments (single persons 18+ with disability and 50+), one-bedroom (elderly and/or disabled), and two to seven-bedroom family units.
The Section 8 voucher waitlist remains open.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Providence County, RI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,289 |
| 1 Bedroom | $1,398 |
| 2 Bedroom | $1,693 |
| 3 Bedroom | $2,047 |
| 4 Bedroom | $2,536 |
Income Limits - Providence County, RI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,300
- Low (80%)
- $48,450
- Extremely Low (30%)
- $20,800
- Very Low (50%)
- $34,600
- Low (80%)
- $55,400
- Extremely Low (30%)
- $23,400
- Very Low (50%)
- $38,950
- Low (80%)
- $62,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,250
- Low (80%)
- $69,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,750
- Low (80%)
- $74,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,200
- Low (80%)
- $80,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,650
- Low (80%)
- $85,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,100
- Low (80%)
- $91,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,200 | $30,300 | $48,450 |
| 2 Persons | $20,800 | $34,600 | $55,400 |
| 3 Persons | $23,400 | $38,950 | $62,300 |
| 4 Persons | $26,500 | $43,250 | $69,200 |
| 5 Persons | $31,040 | $46,750 | $74,750 |
| 6 Persons | $35,580 | $50,200 | $80,300 |
| 7 Persons | $40,120 | $53,650 | $85,850 |
| 8 Persons | $44,660 | $57,100 | $91,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Providence, RI?+
The Fair Market Rent (FMR) for Providence County, RI is: $1289 (Studio), $1398 (1BR), $1693 (2BR), $2047 (3BR), $2536 (4BR). Actual rent at subsidized properties like Olneyville Revitalization is typically 30% of household income or less.
What size apartments are available at Olneyville Revitalization?+
Olneyville Revitalization offers the following unit types: 4 One-Bedroom, 27 Two-Bedroom, 1 Three-Bedroom units, for a total of 32 units.
Who manages Olneyville Revitalization?+
Olneyville Revitalization is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Olneyville Revitalization?+
Olneyville Revitalization primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Olneyville Revitalization?+
Olneyville Revitalization is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Providence County, RI?+
For a 4-person household in Providence County, RI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,250, Low Income (80% AMI): $69,200. These limits are set by HUD and updated annually.
Is there a waitlist for Olneyville Revitalization?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Providence, RI?+
Based on Fair Market Rent for Providence County, the estimated price range is: 1-bedroom: $1398, 2-bedroom: $1693, 3-bedroom: $2047. Actual rent at Olneyville Revitalization may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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