Rhode Island Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

New Market Tax Credits were critically important to WaterFire Providence in creating the WaterFire Arts Center which is transforming the underserved Valley/Olneyville neighborhood of Providence into a vibrant arts corridor.

Peter Mello, Managing Director and coCEO, WaterFire Providence, Providence, RI

Rhode Island Supporters of the NMTC Extension Act

Rhode Island Project Profiles

Meeting Street

Project City:
Providence,
Project State:
RI
Project Year:
(2018)
Meeting Street was founded in 1946 and is headquartered in a severely distressed urban neighborhood of Providence, Rhode Island. The organization provides educational and therapeutic services to over 5,000 children …
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Providence Public Library

Project City:
Providence,
Project State:
RI
Project Year:
(2018)
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 …
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Central Falls Neighborhood Health Center

Project City:
Central Falls,
Project State:
RI
Project Year:
(2017)
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 Blackstone Valley Community Health Care’s planned …
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Waterfire Arts Center

Project City:
Providence,
Project State:
RI
Project Year:
(2016)
Redevelopment of a 35,000 SF warehouse building in Providence, RI. The building provides an art center for the community and is occupied by WaterFire Providence …
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Amos House

Project City:
Providence,
Project State:
RI
Project Year:
(2014)
December 1, 2014Providence, RI − Amos House officially broke ground on its new four-story, 29,000-square-foot building at a ceremony on December 1st. The project will be home to a new …
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American Locomotive

Project City:
Providence,
Project State:
RI
Project Year:
(2007)
The project is an adaptive reuse of the American Locomotive Works site in Providence, RI. Located on the north shore of the Woonasquatucket River near the city’s center, the project …
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The Plant

Project City:
Providence,
Project State:
RI
Project Year:
(2006)
Historic rehabilitation of a building into a mixed-use facility with live/work and retail space. The Plant project is located on Valley Street in the heart of Providence’s emerging mill district …
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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225

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