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RI
Rhode Island Tax Increment Financing
State tax revenue rebates for eligible development projects with financing gaps.
About this program
Rhode Island Tax Increment Financing provides capital for eligible projects by rebating a portion of new state tax revenue generated by the project, subject to financing gap and project criteria.
Eligibility
Eligible development or business expansion projects in Rhode Island target industries that demonstrate a financing gap.
Requirements
- Demonstrate financing gap
- Generate incremental state tax revenue
- Receive Rhode Island Commerce approval