Rhode Island Data and Stories

State Fact Sheet

Map of Selected Projects in Rhode Island

Community Testimonials

“Words cannot express how appreciative I am for our partners, donors, staff, and local community and the help they have provided over the past five years to arrive at this moment. This project utilizes New Markets Tax Credits, provided by MHIC with Bank of America as the investor, to cover 30% of project costs.”

-Eileen Hayes, Amos House President and CEO

Selected Projects in Rhode Island

Hope & Main Providence

Providence,
RI
(2024)

Manufacturing

CDE(s): Capital Impact Partners

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

Community Music Works

Providence,
RI
(2023)

CDE(s): MHIC, PNC

Construction of a new 22,700 sq. ft. community center and music education facility with practice rooms, sound lab, music performance hall, lobby/cafe and lounge. The project will create cohesive urban

Southside Community Land Trust

Providence,
RI
(2022)

Incubator

CDE(s): The Reinvestment Fund

Investment will support Southside Community Land Trust (“SCLT”) in renovating a 12,000-sf building for new Farm-to-Market Center in Providence, Rhode Island. Construction is a […]

Providence Community Health Center

Providence,
RI
(2021)

Behavioral Health, Community, FQHCs

CDE(s): Community Health Center Capital Fund, Primary Care Development Corporation

New construction of a 26,600 sq. ft. facility , which is PCHC’s 12th health center site.

Farm Fresh Rhode Island

Providence,
RI
(2019)

Adult Education, Brownfield Remediation, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Manufacturing

CDE(s): Brownfield Revitalization, Capital One, MHIC

A new food hub expands access to fresh food while empowering a new generation of culinary entrepreneurs.

Providence Public Library

Providence,
RI
(2018)

Community, Daycare and Early Childhood, Library, Youth and Families

CDE(s): Building America CDE, Consortium America

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

Meeting Street

Providence,
RI
(2018)

Community, Daycare and Early Childhood, Healthcare, Incubator, Schools, Youth and Families

CDE(s): MHIC

The new construction of a 28,000 sq. ft. addition to an existing 76,000 sq. ft. facility.

Central Falls Neighborhood Health Center

Central Falls,
RI
(2017)

Community, FQHCs, Healthcare

CDE(s): Local Initiatives Support Corporation, Morgan Stanley

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.

Boys and Girls Club of Pawtucket

Pawtucket,
RI
(2014)

Boys and Girls Clubs, Community, Recreation, Youth and Families

CDE(s): MHIC

The renovation and expansion of the existing 36,346 sq. ft. Boys and Girls Club.

Amos House

Providence,
RI
(2014)

Adult Education, College or Vocational Training, Community, Culinary Entrepreneurship, Shelters and Community Food, Supportive Housing

CDE(s): MHIC

A new four-story, 29,000 sq. ft. building providing social services.

Blackstone Valley Prep MS1

Central Falls,
RI
(2014)

Community, Schools

CDE(s): Civic Builders

Civic Builders expertly completed a swift renovation of a former Catholic school building to meet the 21st century needs of BVP Middle School 1.

PCHC Capitol Hill

Providence,
RI
(2013)

Community, FQHCs, Healthcare, Retail

CDE(s): Chase, Consortium America

Financing supported the rehabilitation of a 45,000 sq. ft. building into hospital, office, and clinical space.

Site visits and recent news related to Rhode Island NMTC Projects

Sen. Reed, Sen. Whitehouse, and (now former) Rep. Langevin attend ribbon-cutting for Waterfire Arts Center in Olneyville, RI

Learn more...

Jun-2017

Sen. Reed (D-RI) tours the Providence Public Library

The library is undergoing a $25M renovation scheduled to be completed by year's end

Learn more...

Apr-2019

Civic Builders Developing Permanent School Blackstone Valley#.Vacdp Ldwps

August 29, 2014

Civic Builders Deploys 23 Million Markets Tax#.Votnz Nf Ps

January 30, 2015

Farm Fresh RI Plans $155 Million Food Hub on Vacant Kinsley Avenue Site

March 20, 2019