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 recognizes that these districts have not reached their full potential in generating economic activity and community benefits and 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 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.

Additionally, the resolution authorizes the Commerce Corporation to accept and disburse funds for the program, with an initial appropriation of $500,000 to support its establishment and implementation. The program aims to enhance the economic vitality and overall function of Main Street districts across the state, ultimately benefiting local municipalities and their residents.