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Tax Stabilization Incentive

The Tax Stabilization Incentive provides an incentive for Rhode Island municipalities to enter into tax stabilization agreements (TSA) by reimbursing municipalities up to 10% of tax revenue foregone due to the completion of a TSA that spans at least 12 years. Qualifying projects must be at least $10 million and create 50 jobs (or at least $5 million and 25 jobs in Hope Communities).

Download the application to apply now.

 

Contact

business.development@commerceri.com

 

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