RI Non-Profit Wins $1 Million Affordable Housing Grant from Senator Reed’s Capital Magnet Fund

PROVIDENCE, RI – October 19, 2010 – (RealEstateRama) — The Women’s Development Corporation (WDC), a non-profit developer and manager of over 1,000 housing units statewide, will receive a $1 million Capital Magnet Fund federal grant to leverage $24.5 million to develop 155 units of affordable housing and create construction jobs throughout Rhode Island.