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Issue Position: Restoring the Historical Tax Credit

Issue Position

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I feel that restoring the Rhode Island Historic Preservation Tax Credit is a great way to improve West Warwick and the state as a whole. Urban communities, like West Warwick (we are considered a core urban community), boast the greatest portfolio of historically significant buildings. Unfortunately, these are also among the most architecturally distressed buildings. I feel that restoring the historical tax credit could help beautify distressed communities, help stabilize tax basis, could lead to a jump in assessed property values, create jobs, and create new revenue sources.


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