The resolution SR 174 aims to establish a statewide Main Street Coordinating Program in Rhode Island. This initiative is designed 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 resolution highlights the potential benefits of revitalizing these districts, including increased economic activity and job creation.

To facilitate the establishment of the Main Street Rhode Island program, the resolution authorizes the appropriation of $500,000. It empowers the Commerce Corporation to accept and disburse funds from various sources. The program will focus on hiring a full-time coordinator, providing training and resources to local communities, and fostering collaboration among stakeholders. Annual reports will track progress on key activities, including educational sessions, networking opportunities, and the development of a resource center. The resolution emphasizes the importance of a coordinated approach to revitalizing Main Street districts, aiming to stimulate investment and enhance the quality of life in Rhode Island's communities.