Tax Credits & Financing Qualified Jobs Tax Credit Expand your workforce in Rhode Island or relocate jobs from out of state, and you can receive annual, redeemable tax credits for up to 10 years. Credits can equal up to $7,500 per job per year, depending on the wage level and other criteria. Learn more about RI's Qualified Jobs Tax Credit Rebuild Rhode Island Tax Credit If your real estate project cannot raise sufficient funding, Rebuild Rhode Island can fill the financing gap with redeemable tax credits covering up to 20% – and, in some cases, 30% – of project costs. Learn more about RI's Rebuild Rhode Island Tax Credit Tax Increment Financing Tax Increment Financing can provide your development project with the capital it needs by rebating a portion of the new state tax revenue generated from the project. Eligible projects must demonstrate need through a “financing gap." Learn more about RI's Tax Increment Financing Renewable Energy Fund Rhode Island Commerce’s Renewable Energy Fund (REF) provides grants for renewable energy projects that have the potential to produce electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors. Learn more about RI's Renewable Energy Fund
Qualified Jobs Tax Credit Expand your workforce in Rhode Island or relocate jobs from out of state, and you can receive annual, redeemable tax credits for up to 10 years. Credits can equal up to $7,500 per job per year, depending on the wage level and other criteria. Learn more about RI's Qualified Jobs Tax Credit
Rebuild Rhode Island Tax Credit If your real estate project cannot raise sufficient funding, Rebuild Rhode Island can fill the financing gap with redeemable tax credits covering up to 20% – and, in some cases, 30% – of project costs. Learn more about RI's Rebuild Rhode Island Tax Credit
Tax Increment Financing Tax Increment Financing can provide your development project with the capital it needs by rebating a portion of the new state tax revenue generated from the project. Eligible projects must demonstrate need through a “financing gap." Learn more about RI's Tax Increment Financing
Renewable Energy Fund Rhode Island Commerce’s Renewable Energy Fund (REF) provides grants for renewable energy projects that have the potential to produce electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors. Learn more about RI's Renewable Energy Fund