AWARDS:
Housing Heros
SWAP,
Stop Wasting Abandoned Property, is the first Citizens Bank
Housing Heroes Award recipient for 2005. SWAP will receive a
$50,000 grant from the Citizens Bank Foundation, $10,000 of
which will be used for a resident-related flower box program.
SWAP was selected from 12 applications for its
project-25 homes in 25 months- in the Potter Avenue
neighborhood of South Providence. SWAP brought land, arranged
financing and began an aggressive effort to sell the homes.
All were sold within 25 months and SWAP sold 70 more to
families whose income is below 80 percent of median income in
South Providence.
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