New proposal would create tax increment financing district in Providence

A NEW PROPOSAL called the Woonasquatucket Corridor Redevelopment and Tax Increment Financing Plan would create a tax increment financing district in several Providence neighborhoods, up to the edge of Providence Place mall. / COURTESY CITY OF PROVIDENCE
PROVIDENCE – A new proposal that would create a tax increment financing district in several neighborhoods of the city, up to the edge of Providence Place mall, will be introduced to the City Council today. The proposal, called the Woonasquatucket Corridor Redevelopment and Tax Increment Financing Plan, includes an area that crosses through three neighborhoods…
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