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Tag Archives | Historic Tax Credits

2015 Legislative Wrap Up

Following the November 2014 statewide referenda in which Rhode Island voters approved the most sweeping package of investments in smart growth and community revitalization since Grow Smart’s founding, the 2015 General Assembly continued the momentum.  By enacting a number of promising new initiatives – including Governor Raimondo’s bold economic comeback agenda – and staving off radical […]

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Extending RI’s New Historic Tax Credit a top priority of Grow Smart’s 2014 advocacy

Program has demonstrated its return on investment while strengthening communities, neighborhoods and municipal tax bases After being closed to new applicants since 2008, the Rhode Island General Assembly reinstated a reformed State Historic Tax Credit last June using $34.5MM in previously budgeted, but abandoned credits.  The new tax credit program allocates credits of between 20% […]

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Historic Tax Credit Alert

Dear Friends, Many of you have asked us in recent days whether the Preservation Tax Credit has a chance of being restored in the 2012 General Assembly. With the General Assembly now expected to adjourn mid next week, we want to tell you where things stand and what you can do. The Historic Tax Credit […]

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Smart Growth in the news

The Boston Business Journal reports on $16M in tax credits issued in Massachusetts to restore historic buildings. There is a bill working its way through the Rhode Island General Assembly to restore our Historic Tax Credit program. Developers received nearly $16 million in historic tax credits which developers will use to preserve landmark properties that […]

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Rhode Island Builder Report, Conversation with Scott Wolf

GrowSmartRI Executive Director Scott Wolf is featured in this month’s The Rhode Island Builder Report, the publication of the Rhode Island Builders Association. Scott speaks about the Rhode Island economy, housing, the state’s many assets, historic tax credits, transportation, and more. On Rhode Island’s assets: They include a tremendous collection of historic buildings and neighborhoods. […]

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