The resolution H 5477 AS AMENDED proposes the establishment of a statewide Main Street Coordinating Program in Rhode Island, aimed at revitalizing the state's Main Street districts, which include various commercial areas such as retail corridors and downtowns. The resolution highlights the success of similar programs in other states that have led to significant reinvestment, job creation, and business growth. The program will be managed by the nonprofit organization Grow Smart Rhode Island, which has a history of working on place-related issues and has established a relationship with Main Street America to leverage their expertise.

The resolution outlines specific goals and activities for the Main Street Rhode Island program, including hiring a full-time coordinator, providing training for local communities, and facilitating networking opportunities. It authorizes the appropriation of $500,000 to support the program's establishment and operations, allowing the Commerce Corporation to accept and disburse funds from various sources. The initiative aims to foster collaboration between the Commerce Corporation and Grow Smart RI, ultimately enhancing the economic vitality and overall appeal of Rhode Island's Main Street districts.