Wednesday, April 21, 2021

TOPICS

Home Tags Tax stabilization agreement

Tag: tax stabilization agreement

PBN PHOTO/MICHAEL SALERNO

Five Questions With Joseph Solomon

Joseph Solomon | Mayor, Warwick 1 You are a former city councilman who has taken the place of a longstanding mayor. How are you...
EXPERIENCED LEADER: Barbara Fields has served as the executive director of the R.I. Housing and Mortgage Finance Corp. since January 2015. She previously was the New England regional administrator for the U.S. Department of Housing and Urban Development and the director of the Local Initiatives Support Corp. in Providence.  / PBN PHOTO/RUPERT WHITELEY

The state needs a stronger affordable-housing law, says R.I. Housing. Executive...

R.I. Housing and Mortgage Finance Corp. is celebrating its 45th anniversary this year in a position of financial strength, says Executive Director Barbara Fields. It...
MICRO-LOFTS: Joseph R. Paolino Jr., managing partner of Paolino Properties, stands in front of the new Case-Mead Lofts building at 76 Dorrance St. The Case-Mead Lofts are a renovation of a former office building into 44 micro-loft apartments.  / PBN PHOTO/
MICHAEL SALERNO

Providence has several tax-stabilization policies to woo developers. Plans to have...

New residents already have started moving into one of downtown Providence’s oldest commercial buildings, occupying efficient, modern apartments that have taken spaces once afforded...
DO DEVELOPERS NEED HELPING HAND? Former Providence Mayor Joseph R. Paolino Jr. has taken advantage of tax-sta-bilization agreements to redevelop a number of city properties, including the more than 150-year-old Case-Mead Building. Without such incentives, Paolino said the city is “behind the eight-ball” when it comes to development. But some challenge the need for the tax breaks. / PBN FILE PHOTO/MICHAEL SALERNO

Providence TSA update needed to increase investment

For years Providence has had a justly earned reputation as one of the most difficult cities in which to develop real estate. Between costs,...
THE CITY COUNCIL in Providence wants an independent review of the impact of tax stabilization agreements on the city's tax base. / PBN FILE PHOTO/MICHAEL SALERNO

Providence council seeks independent financial review of TSAs

PROVIDENCE – The City Council plans to hire an independent financial consultant to help it put a value on the long-term impact of tax...
PROVIDENCE CITY OFFICIALS are proposing a citywide, administrative tax stabilization agreement. /PBN FILE PHOTO/ NICOLE DOTZENROD

Providence considers uniform, citywide tax incentives for commercial development

PROVIDENCE – City officials are proposing to expand the breadth of a standardized tax incentive program that previously targeted the Interstate 195 Redevelopment and...
A RENDERING OF a new building planned for downtown Providence, called 78 Fountain, shows the completed building in proportion to its neighbors. A partnership between Providence-based Cornish Associates and Nordblom Development Co., of Burlington, Mass., which is pursuing the project, is seeking a 20-year tax stabilization agreement from the Providence City Council. /COURTESY CUBE3

Cornish Associates, Nordblom seek 20-year TSA for 78 Fountain project

PROVIDENCE – The developer of a significant new building planned for downtown will come before the Providence City Council on Thursday with a request...
THE TOWN OF BURRILLVILLE is using funds it received from a tax stabilization agreement with Invenergy Thermal Development to fight against the Clean River Energy Center, a gas-fired power plant being proposed by Invenergy. /COURTESY INVENERGY

Town using funds received from Invenergy to fight Invenergy’s proposed power...

BURRILLVILLE – In what’s become a bitter and expensive fight over a proposed gas-fired power plant in Burrillville, the town is tapping into money...
BLUE CROSS & BLUE SHIELD of Rhode Island is planning to move a little more than 100 people out of its Providence headquarters to a satellite office in East Providence.

Blue Cross & Blue Shield of Rhode Island to move customer...

EAST PROVIDENCE – Blue Cross & Blue Shield of Rhode Island will move its customer service operations, approximately 15 percent of its workforce, from...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News

Sign-up to get the

PBN Daily Edition

A collection of all the published news of the last 24 hours, as well as selected features from PBN’s weekly print edition.

By submitting the form you agree to PBN's Privacy Policy and Terms of Use.

Subscribe with Providence Business News to keep reading.

We’re glad you are enjoying PBN.