East Providence – On Tuesday, February 17th the East Providence City Council gave final passage to a new tax exemption that will create more affordable housing opportunities throughout the city.
The tax exemption, known as the live/work affordable deed restricted properties classification, will now give those who own a residence in which they own and operate a business within the same premise they live, a tax exemption.
For residents to be eligible, they must own an affordable housing deed-restricted property, live in the property as their primary residence and must own and operate the business located within the same parcel…