The City of Providence is pleased to offer city-wide and geographically targeted programs to help businesses directly and indirectly fill financing gaps. 

City of Providence Tax Stabilization

Standard property tax stabilization agreements are available for new construction and rehab projects in the I-195 Commission District and Opportunity Neighborhoods throughout the City. Agreements range from 6-20 years depending on construction costs and location of development. Please contact the Tax Assessor to learn more.