The resolution SR 174 aims to establish a statewide Main Street Coordinating Program in Rhode Island. This initiative is intended to enhance the economic vitality and functionality of the state's Main Street districts, which encompass various commercial areas such as retail corridors and downtowns. The program will employ the Main Street Four Points Approach, a proven strategy used in other states, to improve the appearance, organization, and marketing of these districts.

To support the establishment of this program, the resolution authorizes the appropriation of $500,000 and empowers the Commerce Corporation to accept and disburse funds from various sources for the program's implementation. The program will focus on hiring a full-time coordinator, providing training and resources to local communities, and facilitating networking opportunities. Additionally, it will involve collaboration with Main Street America to ensure that Rhode Island's program aligns with national best practices. The initiative aims to create a cohesive and effective approach to revitalizing Main Street districts across the state, ultimately benefiting local economies and communities.