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Developer seeks grant to redevelop historic Providence building

PROVIDENCE – A New York developer is seeking gap financing through a state incentive program to redevelop the historic five-story Lauderdale Building at 136...
REGENT CRAFT INC. received approval on Wednesday, June 1, 2022, from the R.I. Commerce Corp. for up to $13 million in state tax credits to establish 300 jobs in Rhode Island. / COURTESY REGENT CRAFT INC.

R.I. Commerce approves $13 million in tax credits for ‘seaglider’ startup

PROVIDENCE – The R.I. Commerce Corp. on Wednesday unanimously approved $13 million in tax incentives for Regent Craft Inc. to move from Massachusetts to...
THE R.I. COMMERCE CORP. Board of Directors voted 7-0 on Wednesday, May 11, 2022, to give High Rock Development LLC $15 million in tax credits through the Rebuild Rhode Island Tax Credit Program and $5.7 million from the First Wave Closing Fund as part of the $223.1 million financing package for the redevelopment of the Industrial Trust Co. building at 111 Westminster St. / PBN PHOTO/

R.I. Commerce board approves $21M in ‘Superman’ building financing

PROVIDENCE – The R.I. Commerce Corp. board of directors voted 7-0 on Wednesday to approve nearly $21 million in state incentives as part of...
R.I. COMMERCE CORP.'S BOARD OF DIRECTORS is voting on Friday, March 4, 2021, on whether to authorize its staff to enter into one-year contracts worth a total of $3.44 million for marketing services and tourism advertising from the Tallahassee-based Zimmerman Agency Inc. and the Providence-based RDW Group Inc. / COURTESY R.I. COMMERCE CORP.

R.I. Commerce board OKs $3.4M for tourism push

PROVIDENCE – R.I. Commerce Corp.’s board of directors approved spending up to $3.44 million between two vendors for tourism advertising, including media buying and...
THE R.I. COMMERCE CORP. Board of Directors voted on Friday, Jan. 14, 2021, to start distributing $5,000 grants and provide technical assistance using $32 in federal funds provided to the state through the American Rescue Plan Act. / COURTESY COMMERCE CORP.

R.I. Commerce board approves $5K grants for small businesses

PROVIDENCE – Gov. Daniel J. McKee said $5,000 grants administered through the RI Rebounds Initiative program will go a long way in helping struggling business,...
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