H8408 — Increases historic tax credit to 30%, and up to 35%, depending on the amount of rental area available for multi-family housing, affordable rental units and units sold as affordable housing.

H8408 — Increases historic tax credit to 30%, and up to 35%, depending on the amount of rental area available for multi-family housing, affordable rental units and units sold as affordable housing. · Informed CitizenryHouse Bill H8408 seeks to significantly increase the historic preservation tax credits available in Rhode Island. Currently, these credits incentivize renovating older buildings by allowing develop…Open in Informed Citizenry