Rhode Island’s new housing secretary turns to Commerce playbook to stimulate housing production
Stefan Pryor built a name for himself in Rhode Island by negotiating major deals with private developers, lured in by public subsidies. So it’s no surprise that Pryor’s second act as state housing secretary features a reprise of many of the corporate incentive programs he led as former head of Rhode Island Commerce Corp. Nowhere […]
Universities agree to pay Providence more for hosting them. Not enough, critics say.
Providence city officials and higher education leaders presented a united front at City Hall Tuesday as they touted the benefits of agreements that would more than double what the tax-exempt institutions pay instead of property taxes to the city. Already, though, cracks are showing. The newly unveiled payment-in-lieu-of-taxes (PILOT) agreements aren’t a done deal. The […]