What is SWAP?
SWAP Inc. operates as a specialized entity dedicated to the provision of affordable housing opportunities for low and moderate-income demographics. By integrating property management with neighborhood revitalization, the firm functions as a catalyst for urban renewal, particularly within the Providence region. Their business model transcends traditional real estate development by prioritizing inclusive housing solutions, including specialized units for individuals with disabilities. Through deep-rooted community engagement and collaborative partnerships with local leadership, SWAP effectively bridges the gap between market-rate development and the urgent need for equitable housing infrastructure.
How much funding has SWAP raised?
SWAP has raised a total of $130K across 1 funding round:
Debt
$130K
Debt (2021): $130K with participation from PPP
Key Investors in SWAP
PPP
Public-Private Partnership
What's next for SWAP?
Following this late-stage financing, SWAP is positioned to accelerate its development pipeline and expand its footprint in neighborhood stabilization. The infusion of capital will likely be directed toward enhancing property management efficiencies and scaling the delivery of inclusive housing units. As the organization matures, the focus will shift toward long-term sustainability and the replication of its successful Providence-based model in other underserved markets. By leveraging this financial backing, SWAP aims to deepen its impact on community health and economic stability, ensuring that safe, vital neighborhoods remain accessible to all residents regardless of income level.
See full SWAP company page
