Rhode Island

1
Rhode Islands Historic Preservation Investment
Tax Credit

• Fighting for Survival in a
• State Budget Crisis

2
State Budget Overview

• Deficits of 150M and 450M
• Structural crisis
• No more quick fixes
• All tax credits being scrutinized

3
Telling Your Story

• Providing meaningful analysis
• Lipman Frizell Mitchell Report
• Providence Journal Editorial

4
Economic Impact of Credits

• Returning properties to tax rolls
• Generating employment and housing
• Preservation portfolio

5
Lessons from RI

• Always be tracking
• Find stories in the numbers
• Build community partnerships