East Providence Opportunity Zone
The City's investment prospectus, describing the City's opportunity zone and economic attributes, is provided in the link below:
East Providence Opportunity Zone - General Locus Map
East Providence Opportunity Zone - Detailed Map
Selected Census Data For Opportunity Zone Tract 104
Treasury, IRS proposed regulations on Opportunity Zones
https://www.irs.gov/pub/irs-drop/reg-120186-18-nprm.pdf
List of other incentives that may be available to Opportunity Zone investors
In addition to tax credits offered under Opportunity Zone legislation, investors may be able to take advantage concurrently of other incentive programs offered through the following federal, state and local incentive programs:
Federal:
New Market Tax Credits: https://www.cdfifund.gov/programs-training/Programs/new-markets-tax-credit/Pages/default.aspx
Low income Housing Tax Credits: https://www.huduser.gov/portal/datasets/lihtc.html
State:
Historic Preservation Tax Credits: http://www.preservation.ri.gov/credits/commstate.php
Qualified Jobs Incentive Tax Credit: https://commerceri.com/tax-credits-and-financing/
Rebuild Rhode Island Tax Credit: https://commerceri.com/tax-credits-and-financing/
State of Rhode Island Tax Increment Financing: https://commerceri.com/tax-credits-and-financing/
Local:
City of East Providence Tax Stabilization Program: https://www.eastprovidencebusiness.com/tax-stabilization-program
Waterfront District:
Waterfront District Tax Increment Financing (TIF): https://www.eastprovidencewaterfront.com/business-assistance/tax-increment-financing/