Posts by Chris Hunter

PRESS RELEASEFor Immediate Release: October 8, 2026 Fiscal Year 2026 award includes a 35% increase in lead service line replacement funding via $11.3 million in reallotted federal funds, resulting from proactive coordination with Rhode Island municipalities and water utilities. PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for…

PRESS RELEASEFor Immediate Release: September 22, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, has closed on $5,616,729 in Clean Energy Fund (CEF) financing and a $700,000 Energy Efficiency Revolving Loan Fund (EERLF) loan at 0% interest, which also includes $140,000 in principal forgiveness (i.e. a…

PRESS RELEASEFor Immediate Release: September 18, 2026 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Fitch Ratings has affirmed an AAA credit rating with stable outlook for the Bank’s State Revolving Fund (SRF), which provides low-cost financing for clean and…

PRESS RELEASEFor Immediate Release: September 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 a $45 million Clean Water State Revolving Fund (CWSRF) loan to the Town of Westerly. This loan represents the first phase of an $85 million…

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…

PRESS RELEASEFor Immediate Release: July 9, 2026 PROVIDENCE, RI – Rhode Island Infrastructure Bank has closed on a $4 million Municipal Road and Bridge Revolving Fund (MRB) loan for the Town of East Greenwich. The low-cost financing will be used for the construction, rehabilitation, and repair of approximately 12 miles of town roads, as well…

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…

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…