Providence City Council looks to expand authority over tax breaks to developers

THE PROVIDENCE CITY COUNCIL is seeking to expand its authority in approving tax breaks to developers, such as the tax stabilization agreement granted to the Hotel Hive project in downtown. / COURTESY ABDO DEVELOPMENT
PROVIDENCE – After failed attempts to remove politics from the city’s process for giving tax breaks to developers, the Providence City Council appears to be moving in the opposite direction. The Tax Stabilization Investment Act, recently introduced by Council President Sabina Matos with support from a majority of the council, calls for all proposed tax…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display