Infrastructure Bank awards $12 Million in Action Grants to 19 Communities

New England Real Estate Journal — On January 25th, Infrastructure Bank joined with Governor Dan McKee and Mayor Xaykham Khamsyvoravong to award $12 million in Municipal Resilience Program Action Grants to 20 projects in 19 communities across Rhode Island. For this round of MRP Action Grants, the Infrastructure Bank received 41 proposals from 30 communities,…

Read More

Bristol Gets Grant to Plant Trees in Effort to Boost Climate Resilience

East Bay RI — The Rhode Island Infrastructure Bank has awarded 20 individual “Action Grants” totaling $12 million, earmarked for Municipal Resilience Projects (MRPs), and Bristol will be receiving $113,225 of that. The funds are part of the 2022 voter-approved Green Bond, which will allow cities and towns to implement resilience projects to address the…

Read More

R.I. awards $12 million in action grants to local green infrastructure projects

Brown Daily Herald — Rhode Island will allocate $12 million in grants to support climate resiliency projects in 19 communities in the Municipal Resilience Program, according to a Jan. 25 press release from Governor Dan McKee and the Rhode Island Infrastructure Bank.  Funding for these grants comes from the 2022 Green Bond, which “directs $16 million to the MRP…

Read More

Municipal Resilience Program Application for Participation

Want to see your municipality in the RI Municipal Resilience Program? Application for program participation is now rolling! To apply, review the Request for Proposals and Application documents on our Municipal Resilience Program Page. For more information or to submit an application, contact: Anthony Hebert, Business Development OfficerRhode Island Infrastructure Bank275 Promenade St. Suite 301Providence,…

Read More

Governor McKee, Infrastructure Bank Announce $12 Million In Action Grants for Municipal Resilience Projects Across 20 Communities Across Rhode Island

PROVIDENCE, RI – Today, Governor Dan McKee and the Rhode Island Infrastructure Bank announced $12 million in Action Grants for participants of the Municipal Resilience Program (MRP). Communities prioritized local actions through the program and will use grant funds to implement projects that will increase their climate resilience. Funding for these action grants comes from the…

Read More

Infrastructure Bank Closes On $5.5 Million In Loans for Woonsocket Drinking Water Upgrades

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on two loans to finance drinking water infrastructure upgrades in the City of Woonsocket; a $5,000,000 Drinking Water State Revolving Fund loan, with $2 million in principal forgiveness (e.g. a grant) for water meter replacements, and a $525,000 Drinking Water State Revolving Fund loan, with $505,000…

Read More

Infrastructure Bank Closes On $26 Million Loan for East Providence Drinking Water Upgrades

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank has closed on a $26,000,000 Drinking Water State Revolving Fund loan, with $3.9 million in principal forgiveness (e.g. a grant), to finance water main infrastructure upgrades in the City of East Providence. Funding for this loan was made available through the Bipartisan Infrastructure Law, passed by Congress in…

Read More