Rhode Island Data and Stories

State Fact Sheet

Map of Selected Projects in Rhode Island

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, Rhode Island

Selected Projects in Rhode Island

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.

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.

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 […]

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

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

Cumberland,
RI
(2013)

Community, Schools

CDE(s): Civic Builders, USBCDE

Blackstone Valley Prep Mayoral Academy High School is the third school developed in the partnership between Civic Builders and the BVP charter network.

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

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.

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.

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.

Merchantile Block

Providence,
RI
(2010)

Historic Rehabilitation, Mixed-use

CDE(s): National Trust Community Investment Corporation

Completed in 2010, the Mercantile Block in Providence, RI is the third of arts organization AS220’s development projects in Providence’s Downcity Arts District.

The Warren Alpert Medical School of Brown University

Providence,
RI
(2010)

College or Vocational Training, Community, Healthcare, Mixed-use, Office

CDE(s): Consortium America, Mid-City Community CDE, Urban America, Urban Research Park CDE

The Alpert Medical Center is a revitalization gem in Providence's Jewelry District.

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