Infrastructure Bank Closes On $990,000 Fully-Forgiven Loan For Woonsocket To Replace Private-Side Lead Service Lines

PRESS RELEASEFor Immediate Release: July 15, 2026 PROVIDENCE, RI – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, in partnership with the Rhode Island Department of Health, has closed on a $990,000 Drinking Water State Revolving Fund (DWSRF) loan with 100% principal forgiveness for the City…

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Infrastructure Bank Closes On $290,000 In Fully-Forgiven Small System Drinking Water Loans for The Greene School and Clear River Electric & Water District

PRESS RELEASEFor Immediate Release: June 29, 2026 PROVIDENCE, RI – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on two Drinking Water State Revolving Fund (DWSRF) loans totaling $290,790. Both loans feature 100% principal forgiveness, effectively acting as grants to support critical resiliency and…

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R.I. Infrastructure Bank Awards $1 Million In Grants For Stormwater Planning Projects In 10 Communities

PRESS RELEASEFor Immediate Release: June 8, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a total of $1,095,800 in grants to the communities of Bristol, Coventry, East Greenwich, Hopkinton, Jamestown, Middletown, New Shoreham, Pawtucket, Providence, and West Warwick for the…

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Tiverton & Jamestown Receive Combined $950,000 From Infrastructure Bank to Offer No Interest Septic System Loans to Homeowners

PRESS RELEASEFor Immediate Release: June 2, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on two loans totaling $950,000 to the Town of Tiverton ($450,000) and the Town of Jamestown ($500,000). These loans, made through the Infrastructure Bank’s Community Septic…

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RI Infrastructure Bank Closes On $6.2 Million Loan For Providence “Mile of History” Sidewalk Restoration

PRESS RELEASEFor Immediate Release: May 29, 2026 $6.2 million Municipal Road & Bridge Fund loan to finance accessibility and historic preservation improvements along Benefit Street. PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on a $6,200,000 Municipal Road & Bridge Fund…

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Infrastructure Bank Awards $1.4 Million Emerging Contaminants Grant To Smithfield Water Supply Board To Connect Lake Forest Health Facility To Safe Drinking Water

PRESS RELEASEFor Immediate Release: April 28, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, in coordination with the Rhode Island Department of Health (RIDOH), has awarded a $1,481,570 grant to the Smithfield Water Supply Board for the construction and implementation of the Lake Forest Health & Rehabilitation Center Log Road interconnection project. The project will…

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Infrastructure Bank Closes On $26.2 Million Loan For Providence Water To Continue Accelerated Lead Service Line Replacement Program

PRESS RELEASEFor Immediate Release: April 27, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, in partnership with the Rhode Island Department of Health, has closed on a $26.2 million Drinking Water State Revolving Fund loan with $12.8 million in principal forgiveness (i.e. a…

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Infrastructure Bank Awards $2 Million Emerging Contaminants Grant to Narragansett Bay Commission for PFAS Detection and Lab Upgrades

For Immediate Release: March 3, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a $2,011,880 Emerging Contaminants Grant to the Narragansett Bay Commission (NBC). The grant will be used to address Polyfluoroalkyl substances (PFAS) by enhancing NBC’s laboratory capacity through the…

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