Providence Public Library

Providence Public Library used NMTC financing a $25 million renovation of its library in Providence.

Investment

  • NMTC Amount: $15,500,000
  • Total Project Cost: $25,000,000

IMPACT

  • 80 FTE jobs
  • 144 construction jobs
  • 83,000 sq. ft. of real estate

Investor

Project Description

Providence Public Library announced Sept. 13 $4.2 million in NMTC equity and $1.6 million in C-PACE financing for the $25 million renovation of the Providence Public Library, in Providence, R. I. Funding addresses required life safety systems upgrades while making major infrastructure improvements to downtown buildings. The 83,000-sq. ft. project transforms the library’s 1950s wing, auditorium and special collection areas to provide 21st-century library services.

MAP

Address: 150 Empire Street, Providence, RI 2903

Census Tract: 44007000800

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