City leaders in Providence, Rhode Island have made an important step toward approving a tax break worth nearly $30 million for the developer planning to revitalize an iconic part of the capital city’s skyline.
"It's going to really revitalize our downtown which is going to benefit everyone," Councilmember John Gonclaves said"1,600 direct construction jobs. 20% are going to be women and minority owned business contractors -- that's historic for the city.""The AMI is roughly $70,000. I've never made anything remotely close to $70,000 in my life," one local said.
“This is not only a bad deal, this is bad politics,” Terri Wright, a housing justice organizer at the Direct Action for Rights and Equality, said during the meeting,“Providing housing for all income types including at 30 percent [area median income] is the right thing to do. Our neighborhoods are getting gentrified again. Our downtown has no culture in it. All it has is bars, banks, and privilege.
Twenty percent of the apartments are being designated for affordable housing. Affordable rent rates could range from $1,384 to $2,076, according to the Globe."I want to be able to work in these projects, get a good earned living and be able to reinvest back into my community," Alvin Reyes said, who is part of a labor union representing electrical engineeers.
The vote on the tax break will go forward to council to get full approval, according to WJAR. City council's next meeting is slated for Thursday. The tax break requires two votes by city council to be approved.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
These were the scenes as Lancaster Music Festival 2022 brought cheer to the city this weekendMusic lovers came together to celebrate their love of song and dance as the Lancaster Music Festival took over the city this weekend.
Læs mere »
Player Ratings - Preston North End 0-2 Stoke CityPreston North End were beaten 2-0 by Stoke City on Saturday as former manager Alex Neil won on his return to Deepdale.
Læs mere »
Mohamed Salah strikes as out-of-form Liverpool claim surprise win over Man CityAn out-of-form Liverpool side claimed a surprise 1-0 win over Manchester City in an eventful and entertaining contest at Anfield. Mohamed Salah fired in the winning goal, slotting it past Ederson a…
Læs mere »
Leeds fire officer reveals the extent of damage caused by city centre blazeA senior fire officer has revealed the extent of the damage caused by a fire in Leeds city centre last night.
Læs mere »
Salah the calm amid chaos of a stone-cold classic between Liverpool and Manchester City - Football365Football365 - Liverpool and Man City are not direct rivals this season but Anfield brings out something different in both teams, as well as Mo Salah.
Læs mere »