Advocates of R.I. Historic Tax Credit pleased with $28M allocation, worried about program’s future

Updated at 9:50 a.m.

THE CONVERSION of the historic Pontiac Mills in Warwick into residential and commercial space is one of the projects that received state historic tax credits over the years. / PBN FILE PHOTO/RUPERT WHITELEY
THE CONVERSION of the historic Pontiac Mills in Warwick into residential and commercial space is one of the projects that received state historic tax credits over the years. / PBN FILE PHOTO/RUPERT WHITELEY

Advocates for the Rhode Island Historic Tax Credit program are applauding lawmakers for allocating $28 million for the program in the fiscal 2023 state budget, but some are arguing that the state needs to make a consistent financial commitment in the future. State leaders have been wavering in their support for historic tax credits over

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