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2020 | 2019
Providence, RI Revenue Losses from Subsidy Programs
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Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset | Net Revenue Loss | Type of Loss |
---|---|---|---|---|---|
Historic Property Stabilization Ordinance | Historic preservation | $3,344,000 | $0 | $3,344,000 | Active |
Neighborhood Revitalization Act | Construction/rehabilitation | $384,000 | $0 | $384,000 | Active |
Tax Stabilization for Commercial and Residential Property | Construction/rehabilitation; Affordable housing; Historic preservation; Property improvements | $151,000 | $0 | $151,000 | Active |
Title 44 Program | Historic preservation | $17,716,000 | $0 | $17,716,000 | Active |
TABULATED TOTAL | $21,595,000 | $0 | $21,595,000 |