Report recommends R.I. community development entity to help grow state’s economy

A NEW REPORT authored by Bruce Katz outlining areas of growth for the Rhode Island economy recommended that Rhode Island create a local community-development entity or financial institution. / COURTESY NEW LOCALISM ADVISORS
PROVIDENCE – The lack of a Rhode Island-based community-development entity has made it harder for low-income communities to access private capital and leverage federal tax incentives. This was among the findings in a new report outlining a long-term economic-development  plan to grow the state’s economy. The report, authored by New Localism Advisors founder Bruce Katz…

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