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Providence Mayor Brett Smiley vetoes plan to fix '8-Law' affordable housing tax break 'loophole'

The mayor says the issue has to be fixed at the state level. The Providence City Council has 30 days to override the veto. ....

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Providence City Council takes aim at "8-Law" affordable housing law used to give tax breaks to wealthy developer

Providence City Council takes aim at "8-Law" affordable housing law used to give tax breaks to wealthy developer
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Providence developer Buff Chace has unique 8-Law tax deal meant for affordable housing

“I think it is a gross and outrageous abuse of the affordable housing law,” a Rhode Island state senator said of the “8-Law” tax breaks for Arnold “Buff” Chace, which are worth about $42 million over 30 years ....

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Providence officials ignored warnings against controversial tax breaks for wealthy developer, court documents say

The City Council has filed a legal action against the 2021 agreement with Arnold “Buff” Chace. ....

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Most Providence renters live in buildings that would get hike under Smiley plan

Smiley erred when he said most Providence renters live in commercial apartment buildings. ....

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