Who We Are

Mission

Our mission is to actively support and finance investments in the State’s infrastructure. The Infrastructure Bank does so through a variety of means, including the issuance of bonds, originating loans and making grants, and the engagement with and mobilization of sources of public and private capital. Through its activities, the Bank fosters infrastructure improvements that create jobs, promote economic development and enhance the environment.

Overview

Rhode Island Infrastructure Bank is Rhode Island’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. We leverage limited 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
  • brownfield remediation

These quality of life projects improve the State’s infrastructure, create jobs, promote economic development and enhance the environment.

Established by the Rhode Island General Assembly in 1989 as the Clean Water Finance Agency, the Infrastructure Bank’s mandate was significantly expanded in 2015 to include energy and brownfield remediation initiatives. The Infrastructure Bank’s expanded mandate has significantly enhanced its ability to provide competitive financing to a broad variety of infrastructure-based projects. In conjunction with the expansion of its charter, the Infrastructure Bank was rebranded to better reflect its mission and service capabilities.

Our Team

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William Fazioli

Executive Director
William J. Fazioli is the Executive Director of the Rhode Island Infrastructure Bank. Bill has over 35 years of public administration experience in municipal finance, economic development, and infrastructure investment. Well-known and respected by state and municipal leaders, Bill previously served as Northeast Regional Director for BondLink, a public finance investor relations portal, and prior to that was Director of Planning & Economic Development for the City of East Providence. His background includes senior roles in public sector banking, financial advisory, and municipal government. He is also the Executive Director of New England States Government Finance Officers Association and Chair of the East Providence Waterfront District Commission. Bill earned an MPA degree in public finance from SUNY-Albany and a BA in public administration and sociology from Rhode Island College.
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Joanna L'Heureux

Chief Financial Officer and Chief Operating Officer
Joanna L’Heureux has over 30 years of municipal finance experience in both the private and public sectors. Joanna previously served as the Finance Director for the City of Pawtucket for 10 years and most recently as the Chief Financial and Administrative Officer for the Rhode Island Interlocal Risk Management Trust. Her experience includes working as an independent auditor with two CPA firms specializing in auditing municipalities and school districts in Rhode Island and Massachusetts. Joanna earned a BS degree in Business Administration with a concentration in accounting from Bryant University.

Anna M. Coelho Cortes

Managing Director

Ken C. Viera Jr.

Deputy CFO

Suh Walker

Office Manager

Marcelina C. Jackson

Sr. Program Operations Associate

Lilit Rose

Director and Head of Operations, Compliance and Transaction Management

Greg Miller

Business Development Analyst

Paige Myatt

Aquidneck Island Regional Resilience Coordinator

Aaron Qureshi

Business Development Analyst

James Braz

Director, Commercial Clean Energy Services

Anthony Hebert

Business Development Officer

Kristin LaPlante

Administrative Assistant

Board of Directors

Vahid Ownjazayeri

Chair

Scott D. Lajoie

Vice Chair

Joshua Celeste

Secretary

James Diossa

Treasurer | Rhode Island General Treasurer

ROBERT DONOVAN

Assistant Secretary