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R.I. tax incentive/credit programs account for $32.2M in FY20

PROVIDENCE – Tax credits and incentives under the state's Jobs Development Act, Historic Preservation Tax Credits and Motion Picture Production Tax Credits totaled $32.2...

Should the state re-authorize and re-capitalize the historic-preservation tax credit program?

Since its creation in 2001, Rhode Island's Historic Preservation Tax Credits have attracted $1.3 billion in private investment, while costing the state $350.7 million...
NEW VISION: The former Pontiac Mills site in Warwick will be transformed into housing and commercial space, if developer Larry Silverstein, president of Baltimore-based Union Box Co., sees his plans realized. / PBN PHOTO/MICHAEL SALERNO

The state’s new approach to incentives has developers pining for a...

Time matters in historic renovation, and nowhere is that clearer than at the sprawling Pontiac Mills in Warwick. The 19th-century textile mill was in a...
USING ALL THE TOOLS: Developer Larry Silverstein plans to utilize both historic-preservation tax credits and Rebuild Rhode Island incentives to convert Warwick’s Pontiac Mills into housing and commercial space in a $35 million project. / PBN PHOTO/MICHAEL SALERNO

Historic credits deserve to be kept active for state’s sake

The 286 projects that have been completed since the state created its historic-preservation tax credit program in 2001 have brought $1.3 billion in private...
NEW VISION: The former Pontiac Mills site in Warwick will be transformed into housing and commercial space, if developer Larry Silverstein, president of Baltimore-based Union Box Co., sees his plans realized. / PBN PHOTO/MICHAEL SALERNO

The state’s new approach to incentives has developers pining for a...

Time matters in historic renovation, and nowhere is that clearer than at the sprawling Pontiac Mills in Warwick. The 19th-century textile mill was in a...

Three buildings to get tax credits

PROVIDENCE – The conversion of three former industrial buildings in the city to apartments will receive Historic Preservation Tax Credits, the state announced in...
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