State approves $8M for historic renovations across R.I.

Mary MacDonald

07/14/2016

WATERFIRE PROVIDENCE's plans to renovate this Valley Street piece of the former U.S. Rubber Co. complex were awarded $2.25 million in historic preservation tax credits Thursday. It was one of seven projects across the state to receive credits through the state Division of Taxation. / COURTESY WATERFIRE PROVIDENCE

PROVIDENCE – The state Division of Taxation has approved nearly $8 million in state historic preservation tax credits to seven projects in several cities, including for works that will create new purposes for old industrial buildings. The project list includes $500,000 awarded to a $2 million project that would transform the American Brewing Co. building,…