Bourne Mill
Tiverton, RI
| Category | Rental, Tax-credit, Historic Adaptive-reuse |
| Size | 166 Units |
| Architect | The Architectural Team, Inc. |
| TDC | $43.4 Million |
| Financing | Federal and Rhode Island historic tax credits, 9% LIHTC via TCAP Program from RI Housing, Construction & Permanent Financing from RI Housing |
| Completion | October 2009 |
The team led by EA Fish Development transformed this historic Cotton Mill to an upscale mixed-income apartment community offering a contemporary lifestyle. These completed apartment homes offer a mix of materials in and visual interest with arched doorways, high ceilings & expansive historic windows. The complex financing included separately syndicated state and federal historic tax credits and 9% LIHTC equity provided via the Federal TCAP/Exchange Program.
Design and construction challenges included strict historic preservation requirements and a tight schedule
© EA Fish Development 2024