The 25 Bough Street Development in Providence, Rhode Island, is set to offer significant benefits to the local community, including 15 housing units with 20% designated as affordable, a futures hub for teaching STEM and other future-oriented careers, and a cultural experience museum. The development will also support youth and community engagement in STEM through partnerships with various organizations, such as The University of Rhode Island College of Engineering, The Impowerment Group, and RISE Women’s Leadership. Additionally, the project includes plans for a Community Bank, Minority Business Incubator space, and a cultural events center, all aimed at supporting BIPOC organizations and addressing community needs like food insecurity.

To facilitate the initial phase of renovations for the 25 Bough Street Development, the General Assembly has resolved to appropriate $3 million to 25 Bough, LLC, the company responsible for the project. This funding is intended to be a one-time capital contribution for the fiscal year 2024-2025, with the state controller authorized to release the funds as needed upon receipt of proper vouchers. The resolution underscores the project's potential to provide educational, economic, and cultural enhancements to the Providence community.