Rhode Island Approves $1 Million Tax Credit for Dexter Redevelopment

The Rhode Island Commerce Corporation approved up to $1 million in Rebuild Rhode Island tax credits and a sales and use tax exemption for 297 Dexter Holdings LLC. The incentives support redevelopment of a historic Providence building into 56 rental apartments, including 12 affordable units, with at least 29 units required as workforce housing; the Incentive Agreement must be executed within 270 days.

Document date · September 28, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Tax credits not to exceed $1,000,000; sales and use tax exemption authorized

Contract type

OTHER

Contract term

Incentive Agreement must be executed within 270 days after September 28, 2026

Renewal date

2027-06-25

Renewal

The authorization automatically expires if an Incentive Agreement is not executed within 270 days of adoption; the resolution also permits future amendments to authorized documents.

Document type

AgendaPacket

Source document

Rhode Island Commerce Corporation AgendaPacket Board of Directors Meeting September 28, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Rhode Island Commerce Corporation | State of Rhode Island?

297 Dexter Holdings Llc was awarded this government contract by Rhode Island Commerce Corporation | State of Rhode Island, as recorded on September 28, 2026. The contract value is Tax credits not to exceed $1,000,000; sales and use tax exemption authorized.

How much is the 297 Dexter Holdings Llc contract with Rhode Island Commerce Corporation | State of Rhode Island worth?

The 297 Dexter Holdings Llc contract with Rhode Island Commerce Corporation | State of Rhode Island is valued at Tax credits not to exceed $1,000,000; sales and use tax exemption authorized.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Rhode Island Commerce Corporation AgendaPacket Board of Directors Meeting September 28, 2026 (AgendaPacket), dated September 28, 2026 from Rhode Island Commerce Corporation | State of Rhode Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 297 Dexter Holdings Llc hold?

297 Dexter Holdings Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 297 Dexter Holdings Llc's profile

What is Rhode Island Commerce Corporation | State of Rhode Island currently buying?

Explore Rhode Island Commerce Corporation | State of Rhode Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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