Hope & Main Providence

A food manufacturing facility increased local production and added jobs in Providence, RI

Investment

  • NMTC Amount: $2,508,122
  • Total Project Cost: $4,805,000

IMPACT

  • 154 FTE jobs
  • 100 construction jobs
  • 130 jobs created and 24 jobs retained
  • 22,000 sq. ft. of real estate

Investor

Project Description

the project, which is broken up into two phases, will be a 20,000 sq. ft. campus that will provide six shared-use kitchens and infrastructure for specialized food production, manufacturing, co-packing, storage and graduate kitchen spaces for more mature businesses.Based on the 2023 applications, 43% of businesses are owned by people of color and 53% are female, with a high degree of intersectionality.The first phase, which was funded by the 2024 NMTC project, is the build out of 929 Westminster street to three dedicated kitchens, cold storage, freezers and storage space for the.

MAP

Address: 945 Westminster Street, Providence, RI 2903

Other Rhode Island Projects

Blackstone Valley Prep Mayoral Academy High School is the third school developed in the partnership between Civic Builders and the BVP charter network.
A new $15-million community health center projected to more than double the number of residents served in Rhode Island’s smallest and poorest city.
The renovation and expansion of the existing 36,346 sq. ft. Boys and Girls Club.
Providence Public Library used NMTC financing a $25 million renovation of its library in Providence.