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

Community Music Works (2023)

Providence, RI

Arts
CDEs: 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 (2022)

Providence, RI

Incubator
CDEs: 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 already underway. SCLT has operated its community-based

Providence Community Health Center (2021)

Providence, RI

Behavioral Health, Community, FQHCs
CDEs: 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 (2014)

Pawtucket, RI

Boys and Girls Clubs, Community, Recreation, Youth and Families
CDEs: MHIC

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

Blackstone Valley Prep MS1 (2014)

Central Falls, RI

Community, Schools
CDEs: 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 (2010)

Providence, RI

Historic Rehabilitation, Historic Tax Credit, Mixed-use
CDEs: 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.

Blackstone Valley Prep (2013)

Cumberland, RI

Community, Schools
CDEs: 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.

The Warren Alpert Medical School of Brown University (2010)

Providence, RI

College or Vocational Training, Community, Healthcare, Higher Education, Mixed-use, Office
CDEs: 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.

PCHC Capitol Hill (2013)

Providence, RI

Community, FQHCs, Healthcare, Retail
CDEs: Chase, Consortium America

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

Hope Street (2007)

Woonsocket, RI

Community, Daycare and Early Childhood, Mixed-use, Youth and Families
CDEs: Local Initiatives Support Corporation

The project involves the renovation of the Hope Street School building in Woonsocket, RI to create over 14,200 sq. ft. of space.

Waterfire Arts Center (2016)

Providence, RI

Arts, Community, Theaters and Performing Arts Spaces
CDEs: Bank of America, Local Initiatives Support Corporation

Nonprofit Behind Iconic Arts Display Finds Home With Tax Credit Help

The Plant (2006)

Providence, RI

Historic Rehabilitation, Mixed-use, Retail, Retail and Commercial
CDEs: Chevron NMTC Fund, Local Initiatives Support Corporation, Urban Action Community Development

Historic rehabilitation of a building into a mixed-use facility with live/work and retail 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

The WaterFire Arts Center is now officially open for business, you can visit us at 475 Valley Street, Providence RI 02908. The WaterFire Store in partnership with Symposium Books is open 5 days a week and features a broad selection of art books,

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