Bill > S0174

This joint resolution establishes "Main Street Rhode Island", a statewide coordinating program aimed at revitalizing commercial districts across the state. Recognizing Rhode Island as the second most urbanized state with underperforming commercial districts, the resolution authorizes $500,000 to create a program managed by Grow Smart RI, a local nonprofit. The program will be modeled after successful Main Street initiatives in 41 other states, focusing on building local capacity to improve economic vitality, appearance, and organization of downtown and neighborhood commercial areas. Specifically, the program will involve hiring a full-time coordinator, providing training for local communities, hosting educational sessions and networking opportunities, developing an online resource center, and establishing a formal relationship with Main Street America. The Commerce Corporation is empowered to accept and disburse funds from various sources to support the program, with the goal of stimulating investment, creating jobs, and generating economic activity in Rhode Island's Main Street districts. The initial program management by Grow Smart RI is set for a three-year period, with annual progress reports detailing the program's achievements and activities.

Budget and Finance

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