Providence Foundation voices concerns, asks for more time on city TSA reform

Updated at 2:01 p.m. on May 19, 2021.

Nancy Lavin

05/19/2021

CLIFF WOOD, executive director of The Providence Foundation, has asked the Providence City Council to hold off on approving changes to its tax stabilization agreement policies. PBN PHOTO/MICHAEL SALERNO — CLIFF WOOD, executive director of The Providence Foundation, has asked the Providence City Council to hold off on approving changes to its tax stabilization agreement policies. / PBN file PHOTO/MICHAEL SALERNO

PROVIDENCE – As the City Council prepares to take its second, and final, vote on more stringent requirements for developers whose projects receive city tax breaks, a local civic group representing prominent business leaders is asking lawmakers to take a step back. The Providence Foundation in a press release on Tuesday outlined a host of…

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