Working Cities Challenge celebrates Rhode Island implementation grant winners Working Cities Challenge celebrates Rhode Island implementation grant winners

Cranston, Newport, and Providence to receive $400,000 grant awards to support collaborative economic development strategies Cranston, Newport, and Providence to receive $400,000 grant awards to support collaborative economic development strategies

May 15, 2017

Over a two day span, Federal Reserve Bank of Boston President Eric Rosengren joined Rhode Island state officials, Boston Fed leadership, and members of the philanthropic, nonprofit, business, and local government communities to celebrate the cities of Cranston, Newport, and Providence as the winners of the Fed’s Working Cities Challenge. The three cities will each receive multiyear grants of $400,000 to support programs designed to spur workforce development and job creation among low- and moderate-income residents.