Posts by Chris Hunter
Infrastructure Bank Provides $218,000 Loan For Tiverton Wastewater Facilities Plan Update
PRESS RELEASEFor Immediate Release: September 17, 2025 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 $218,665 Clean Water State Revolving Fund (CWSRF) loan, with 20% principal forgiveness (i.e. a grant) to the Tiverton Wastewater District for an update to…
Read MoreOctober 15th Infrastructure Bank Seminar: Navigating Change With Purpose
On Wednesday, October 15, 2025, at the Rhode Island Convention Center for a FREE half-day event centered on this year’s theme: Navigating Change with Purpose. This year’s seminar features breakout sessions highlighting successful local projects and replicable strategies, a keynote address exploring how leaders in resilience are driving progress and decision-making in an evolving landscape,…
Read MoreRI Infrastructure Update & Funding Opportunities Presentation To RI League Of Cities & Towns
August 20, 2025 presentation to the Rhode Island League of Cities & Towns on Infrastructure Bank programs and funding opportunities. Presentation slides here. Full recording of webinar below.
Read MoreInfrastructure Bank Provides $5 Million In Financing For Water Main Replacements In Lincoln’s Saylesville Neighborhood
PRESS RELEASEFor Immediate Release: August 20, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on $5 million in low-cost financing for water main replacements in the Town of Lincoln’s Saylesville neighborhood. The project will replace approximately 7,400 feet of asbestos cement water main with new ductile iron water main. The $5 million Drinking…
Read MoreInfrastructure Bank Provides $1.5 Million In Financing For Road Improvement Work In Hopkinton
For Immediate Release: July 31, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $1.5 million Municipal Road & Bridge Revolving Fund loan for the Town of Hopkinton for road resurfacing work. The project will be a two-step process, including a shimming of the roads and then a rubber chip seal surfacing that…
Read MoreInfrastructure Bank Provides $5.8 Million In Financing For Road Improvement Work In Bristol & Pawtucket
PRESS RELEASEFor Immediate Release: July 17, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on Municipal Road and Bridge Revolving Fund loans for the Town of Bristol ($2.8 million) and the City of Pawtucket ($3 million). Both communities will use the funds for road resurfacing, paving, and maintenance work. “Roads are essential to…
Read MoreR.I. Infrastructure Bank Closes On $100 Million In Bond Financing For Narragansett Bay Commission CSO Phase III Project
PRESS RELEASEFor Immediate Release: June 25, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on $100,000,000 in Clean Water State Revolving Fund bond financing, with $7,069,000 in principal forgiveness stemming from the Infrastructure Investment and Jobs Act. Bond proceeds will help finance the ongoing construction of the Narragansett Bay Commission’s Combined Sewer…
Read MoreRhode Island Infrastructure Bank Earns AAA Credit Ratings From Fitch and S&P
PRESS RELEASEFor Immediate Release: June 4, 2025 PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have both given AAA, stable outlook credit ratings to the Bank. “These AAA credit ratings are a testament to our strong financial foundation, excellent fiscal stewardship and management controls that we have…
Read MoreArup selected to conduct Rhode Island Coastal Resilience Study
PRESS RELEASE For Immediate Release: 05/29/25 Arup will undertake a statewide analysis of resilience actions, vulnerabilities, and priority projects for investment. Rhode Island Infrastructure Bank and the Rhode Island Department of Environmental Management (RIDEM) today announced global built environment design consultancy Arup has been selected to conduct the state’s first comprehensive coastal resilience study. This initiative…
Read MoreInfrastructure Bank Closes On $26.3 Million Loan For Providence Water To Continue Lead Service Line Replacement Program
PRESS RELEASEFor Immediate Release: April 29, 2025 $26.3 million in Infrastructure Investment and Jobs Act funding to be utilized for lead pipe replacement work within Providence Water’s service area. 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…
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