CHASE FARMHOUSE REVOLVING FUND PROJECT
Property: Chase Farmhouse, c. 1890
Location: 669 Great Road, Lincoln (not open to the public)
Open Space: 100 acre Chase Park
Owner: Town of Lincoln
In 2014, the Town of Lincoln considered the demolition of this local landmark along historic Great Road because it required continuous maintenance and lacked a viable use. Concerned local preservation advocates asked Preserve Rhode Island to meet with the Town to help save the building. PRI proposed its innovative Building Curatorship and Revolving Fund Loan programs as models to save the building.
In June 2014, PRI entered into a five year curatorship lease agreement with the Town to undertake the renovation of the interior for two residential units and restore the exterior. After more than 20 years of being vacant, a great deal of work was needed to make the house habitable. The Town invested in electrical and heating upgrades and a new gutter system. PRI abated mold and asbestos, upgraded kitchens and bathrooms, repaired and painted walls and trim, refinished wood floors, repaired windows, and made minor exterior repairs.
The two apartments are now rented and income from these two market rate units are repaying PRI’s revolving fund investment. Exterior restoration was completed in fall 2017. Future work includes window restoration and the recreation of the front porch based on historic photographs.
The rehabilitated first and second floor residential units are rented and PRI is planning for a new roof, window restoration and the future recreation of the porch based on historic photographs.
Want to learn more about the Chase Farmhouse project?
Get in touch with our Project Manager Paul Trudeau by email or call (706) 224-4344.
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