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THERE ARE 25 approved Opportunity Zones in Rhode Island, including Downtown Providence and much of the city's waterfront.. / COURTESY R.I. COMMERCE CORP./GOOGLE INC.

Opportunity Zone rules aim to draw capital to distressed areas

NEW YORK – It will be easier to invest in businesses and real estate in low-income communities throughout the United States now that the...
THERE ARE 25 approved Opportunity Zones in Rhode Island, including Downtown Providence and much of the city's waterfront.. / COURTESY R.I. COMMERCE CORP./GOOGLE INC.

Opportunity Zones knocking, but few answering the call so far

NEW YORK – Investors eyeing President Donald Trump’s Opportunity Zones face a ticking clock if they want to fully capture one of the biggest...
R.I. COMMERCE SECRETARY Stefan Pryor told PBN Tuesday that he is optimistic about Pawtucket's future following the issuance of a RFP for the redevelopment of McCoy Stadium and other sites in the Pawtucket Downtown Redevelopment Area. / COURTESY R.I. COMMERCE CORP.

Following McCoy/Downtown RFP, Pryor optimistic about Pawtucket

PROVIDENCE – R.I. Commerce Secretary Stefan Pryor told PBN Tuesday that he is optimistic about the future of downtown Pawtucket following the issuance of...
THE R.I. COMMERCE CORP. and Pawtucket have issued an RFP for the redevelopment of McCoy Stadium and other properties in the Pawtucket Downtown Redevelopment Area. The RFP expresses a strong interest for a professional sports team and/or concert entertainment operator for the project. / COURTESY R.I. COMMERCE CORP.

Commerce RI issues RFP for McCoy Stadium, Downtown Pawtucket Redevelopment Area...

PROVIDENCE – The R.I. Commerce Corp. issued a request for proposals Tuesday on behalf of Pawtucket, seeking a new tenant for McCoy Stadium as...

Opportunity Zones can’t be just another loophole

Treasury Secretary Steven Mnuchin has said he expects investments in “Opportunity Zones” to top $100 billion eventually. He’s referring to an initiative – part...

Get opportunity zones right

A new government incentive to encourage private investment where it is most needed presents tremendous potential in Rhode Island.The incentive comes in the form...

Learn about opportunity zones from R.I. Commerce Corp.

PROVIDENCE – The R.I. Commerce Corp. will host a workshop and conference on the Opportunity Zone program on Thursday, Feb. 21.The daylong program will...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Stefan Pryor

5Q: Stefan Pryor | Secretary of commerce, Rhode Island1. What was it like being president of the Lower Manhattan Development Corp. in the aftermath...
SOCIAL ENTERPRISE GREENHOUSE has received a $257,321 grant from the U.S. Economic Development Administration to expand the organization’s footprint in Newport and Pawtucket/Central Falls.

SEG awarded $257K grant to expand into Newport, Pawtucket/Central Falls

PROVIDENCE – Social Enterprise Greenhouse has received a $257,321 grant from the U.S. Economic Development Administration to expand the organization’s footprint in Newport and...
ALL 25 Qualified Opportunity Zones nominated by Rhode Island to the U.S. Department of Treasury and the IRS were approved. Areas in purple were submitted to the federal program and received QOZ designation, while areas in green were eligible but not submitted. Rhode Island submitted the maximum number of designations allowed./ COURTESY R.I. COMMERCE CORP.

IRS unveils proposed rules for tax law’s big capital gains break:...

NEW YORK - The Internal Revenue Service unveiled proposed regulations Friday for what Treasury Secretary Steven Mnuchin says could be a $100 billion investment opportunity...
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