COMMERCE NEWS

Newport condo project gets $730,000 in tax credits

PROVIDENCE — The R.I. Division of Taxation has approved $730,000 in tax credits for a construction project that converted a former religious meeting hall in Newport to use as condominiums.

Virginia-based Parish House LLC converted the Trinity Church Parish House at 27 High St. into seven residential units and indoor parking.

Built in 1898 and expanded in 1924, the Parish House is connected to Trinity Chapel, which continues to be used by the Viking Hotel for wedding ceremonies and meetings.

Work to convert the Parish House, which is owned separately from the chapel, included dividing its gymnasium into two floors, adding a loft for apartments and raising its first floor to accommodate parking in its basement.

The reconstruction work cost an estimated $4.25 million.

—Paul Grimaldi