Bill > H5477

This joint resolution establishes "Main Street Rhode Island", a statewide program aimed at revitalizing commercial districts and improving economic vitality in local communities. Recognizing that Rhode Island is the second most urbanized state with many traditional commercial districts, the resolution authorizes $500,000 for the program to be managed by Grow Smart RI for an initial three-year period. The program will focus on creating a coordinated approach to Main Street development, including hiring a full-time coordinator, providing training and networking opportunities for local communities, developing an online resource center, and establishing a learning cohort for technical assistance. The Commerce Corporation is empowered to accept and disburse funds from various sources to support the program, which is modeled after successful Main Street Coordinating Programs in 41 other states. The resolution highlights the potential economic benefits, including job creation, business development, and increased investment in local commercial districts, and seeks to create a more systematic and comprehensive approach to Main Street revitalization in Rhode Island.

Budget and Finance

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