R.I. Historic Tax Credit program receives $20M in state budget, after going years without

DEVELOPER LARRY SILVERSTEIN, shown here in 2017, used state and federal historic tax credits, as well as other financing tools, to convert the Pontiac Mills in Warwick to retail and apartments. / PBN FILE PHOTO/ MICHAEL SALERNO
PROVIDENCE – After years of going without replenishment, the Rhode Island Historic Tax Credit program has received $20 million in new funds in the state’s fiscal 2022 budget. The program provides tax credits for historical renovation projects, and the lack of dedicated funding in previous state budgets had alarmed preservationists, who say it is one…

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