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2011-11-30 — golocalprov.com
"This year, 44 banks and other companies have foreclosed on just over 341 properties in Providence, as of September. But those banks retained owner-occupied homestead exemptions on about 200 of those properties. In all, the exemptions--some as high as 50 percent--saved those banks about $422,615 on their 2011 tax bills, a GoLocalProv review of city data found."
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