Opportunity Zones - Page 2 of 2 - Providence Business News

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

Real Estate 02/14/2019

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...

Five Questions With Stefan Pryor

5Q 01/11/2019

5Q: Stefan Pryor | Secretary of commerce, Rhode Island 1. 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

Entrepreneurship 12/06/2018

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:...

Economic Activity 10/19/2018

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

OPPORTUNITY ZONE: Chris Vitale, community-development coordinator for Bristol, stands on Hope Street, one of the areas recently approved by the Treasury Department as an opportunity zone, which will be marketed to developers as a place for investment. / PBN PHOTO/MICHAEL SALERNO

Treasury Department approves R.I.’s 25 census tracts for opportunity-zone program

Financial Services 06/22/2018

In mid-April, R.I. Commerce Corp. identified 25 low-income census tracts across 15 cities and towns in Rhode Island as opportunity zones, including Bristol’s tract...

How to rescue neighborhoods

Advice 06/01/2018

More and more, American leaders are realizing that economic policies must be designed with a specific region in mind. Usually, the context is discussion...

ALL 25 Qualified Opportunity Zones nominated by Rhode Island to the U.S. Department of Treasury and the IRS were approved. / COURTESY R.I. COMMERCE CORP.

All 25 R.I. ‘Qualified Opportunity Zones’ approved by feds

Entrepreneurship 05/22/2018

PROVIDENCE – All 25 areas that Gov. Gina M. Raimondo and the R.I. Commerce Corp. submitted for designation as “Qualified Opportunity Zones” were approved...