PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $515,000 Clean Water State Revolving Fund loan to the Town of Narragansett for site improvements at the Town’s Scarborough Wastewater Treatment Facility to better protect the site from coastal erosion.
Specifically, funds will be used to restore a 600-foot-long rip-rap barrier which extends seaward from the shoreline of the treatment facility. The project will include the placement of appropriately sized rip-rap boulders on the existing barrier to restore the structure to its original dimensions.
“With sea level rise and more frequent and severe coastal storm events, critical infrastructure like Narragansett’s Scarborough Wastewater Treatment Facility need to be hardened to the impacts of climate change,” said Jeffrey Diehl, CEO of Rhode Island Infrastructure Bank. “We are pleased that this $515,000 loan will allow Narragansett to better protect their wastewater treatment facility which is so important to residents, businesses, and the environment.”
“The Town of Narragansett thanks RI Infrastructure Bank for providing financing for this important project to prevent coastal erosion at our Town’s primary wastewater treatment facility,” said Town Manager James Tierney. “This is a smart resilience investment in a facility located directly adjacent to our coast.”
About the Rhode Island Infrastructure Bank
Rhode Island Infrastructure Bank is Rhode Island’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. We leverage capital in a revolving fund to offer innovative financing for an array of infrastructure-based projects including water and wastewater, road and bridge, energy efficiency and renewable energy, and brownfield remediation. These quality-of-life projects improve the State’s infrastructure, create jobs, promote economic development, and enhance the environment. www.riib.org – Facebook: @RIinfrastructure – Twitter: @RI_InfraBank
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