Ian Donnis / RIPR

State officials on Monday announced the availability of two tax incentives, both contained in the budget passed by the General Assembly in June, that are meant to improve Rhode Island's economy.

Happy mid-October and thanks for stopping by for my weekly column. Your tips and thoughts are always welcome via email, and you can follow me through the week on the twitters. Here we go

John Bender / RIPR

Providence Mayor Jorge Elorza has set himself an ambitious goal: to rid the city of all housing blight in the next six years. If the city reaches that goal, Elorza said it would be the first city of its size to do so.

On Tuesday, the mayor unveiled his initiative to deal with hundreds of vacant and abandoned homes in the state capital. The project, called EveryHome Providence, offers what the administration calls a suite of tools for taking on these properties.

Aaron Read / RIPR

Rhode Island and the Federal Reserve Bank of Boston are partnering on an effort to boost economically depressed parts in the state. The program is aimed at cities most affected by the loss of manufacturing jobs.

With the exception of Newport, many Rhode Island cities were hard hit by the loss of manufacturing jobs over the last few decades. And many of those cities are still struggling to recover.

Providence Business News Editor Mark Murphy sits down with Rhode Island Public Radio Host Dave Fallon for our weekly business segment, The Bottom Line.  

This week, Mark and Dave discuss a new survey of business attitudes that reflects improvements in the economy.

When to listen:

You can hear The Bottom Line each Friday at 5:50pm.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.

Kristin Gourlay / RIPR

Governor Gina Raimondo and the state’s congressional delegation were on hand Monday to announce a $25 million initiative to help low income Rhode Islanders. The money comes from state, federal and private donations. It will be distributed by the Rhode Island chapter of the Local Initiatives Support Corporation.

The money will be doled out over the next twelve months in the form of grants and loans for affordable housing, daycare and education, and public safety.

Ian Donnis/File Photo / RIPR

Governor Gina Raimondo joins Political Roundtable this week to discuss her efforts to improve RI's economy; whether she'll support keeping the PawSox in Pawtucket; and the controversy about her administration hiring former state Rep. Donald Lally four months after he left office.


Providence-based biotech company NABsys has shut down after nearly 10 years in operation. 

 Early investments came from a state-backed technology fund and Point Judith Capital, a company Gov. Gina Raimondo once ran. 

RIPR file photo

In an effort to retain a young, educated workforce, the state has announced a program to help recent graduates buy homes in the state. The “Ocean State Grad Grant,” as its being called, is being offered to people buying a home in-state within three years of graduating from college or graduate school.

Grants, of up to seven thousand dollars will be awarded to help with a mortgage down payment. The program is being run by the quasi-government agency, Rhode Island Housing, which has set aside 350-thousand dollars for the program.

Wikimedia Commons

For  workers and unions, there hasn’t been much to celebrate on Labor Day in recent years. RIPR political analyst Scott MacKay says things may finally be looking up.

Ian Donnis / RIPR

Providence Mayor Jorge Elorza is slated to return Thursday from a trip scouting economic development ideas in Guatemala.

Elorza and the city’s economic development director have met with Guatemala’s president and the mayor of Guatemala City during their visit. A spokesman says ports development has been among the topics of discussion.

Elorza is the son of Guatemalan immigrants and he grew up in the West End of Providence.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.

One of the people putting together a new economic strategy for Rhode Island says the plan will include specific, actionable recommendations. The study is expected to be completed by December or January.

The Brookings Institution’s Metropolitan Policy Program is collaborating with the state to devise a strategy for growing jobs. Private funding is paying for the effort. Brookings’ Senior Fellow Mark Muro said the economic strategy will include both long-term and short-term components.

Ian Donnis / RIPR

Governor Gina Raimondo has asked the Brookings Institution’s Metropolitan Policy Program to develop a new economic strategy for Rhode Island.

The Institution is a nonprofit, nonpartisan think tank known for its foreign policy and economic analysis. It's the latest group of outside scholars and consultants to be brought in to assist Raimondo's administration in developing new strategies and plans.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Mark and Dave sit down with Sylvia Maxfield, dean of the Providence College School of Business.

Maxfield says lawmakers' quick passage of the budget sends a message that Rhode Island is serious about turning around the economy. She also discusses what makes her believe this budget is "pro jobs" and "pro business."

When to listen:

You can hear The Bottom Line each Friday at 5:50pm.

Lieutenant Governor Daniel McKee joins Bonus Q+A this week to discuss his efforts as lieutenant governor, legislation restricting charter schools, the PawSox and other issues.