Posts by Greg Miller
R.I. Infrastructure Bank Provides Westerly With $250,000 In Sewer Tie In Loan Program Financing
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 $250,000 loan to allow the Town of Westerly to offer 0% interest, 5-year loans to eligible homes to tie into the Town’s sewer system and abandon outdated septic and cesspool systems. “Transitioning from old…
Read MoreC-PACE Financing for Solar Installation at a Family-Owned Restaurant in Rhode Island
NEW YORK, N.Y. – NYCEEC provided a Commercial Property Assessed Clean Energy (C-PACE) Loan to finance the installation of rooftop and ground-mount solar installations at a family-owned pizza restaurant outside of Providence, Rhode Island. The project will be installed at Angelo’s Palace Pizza on a 2.3-acre commercial property and is anticipated to provide nearly 300…
Read MoreInfrastructure Bank Awards $650,000 To Wood River Health Services To Remove PFAS From Drinking Water System
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a $650,000 grant to Wood River Health Services in Hope Valley to implement a treatment system to remove PFAS from the organization’s well water drinking source. Grant funding was made available via the Environmental…
Read MoreR.I. Infrastructure Bank Provides Warwick With $150,000 In Sewer Tie In Loan Program Financing
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 $150,000 loan to allow the City of Warwick to continue their low-interest loan program for eligible homes to tie into the local sewer system and abandon outdated septic and cesspool systems.…
Read MoreInfrastructure Bank Awards $1.4 Million Grant To URI Cooperative Extension For PFAS Detection & Monitoring
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has awarded a $1,430,898 grant to the University of Rhode Island’s Cooperative Extension to continue the Extension’s work assisting the Rhode Island Department of Health (RIDOH) and the Rhode Island Department of Environmental Management (DEM)…
Read MoreR.I. Infrastructure Bank provides $1.4M to study PFAS in drinking water
Providence Business News — The Rhode Island Infrastructure Bank has awarded a $1.4 million grant to the University of Rhode Island’s Cooperative Extension to continue its work assisting the R.I. Department of Health and the R.I. Department of Environmental Management in identifying reasons why groundwater and surface water might be contaminated with synthetic chemicals. Read…
Read MoreR.I. Infrastructure Bank Provides $77,000 To Richmond’s Shannock Water District For New Emergency Generator
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 $77,000 Drinking Water State Revolving Fund (DWSRF) loan, with 100% principal forgives (i.e. a grant), for the Shannock Water District to install a new emergency generator. Located in Richmond, the Shannock…
Read MoreInfrastructure Bank Announces $5.2 Million In Action Grants for Municipal Resilience Projects In 8 Communities Across Rhode Island
PROVIDENCE, R.I – Rhode Island Infrastructure Bank today announced $5.2 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 the action grants comes from the 2022 voter approved Green…
Read MoreR.I. Infrastructure Bank Awards $1.7 Million To Chariho, Foster & Scituate Public Schools To Address PFAS
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 awarded a total of $1,714,928 in Emerging Contaminants grants to the Chariho, Foster, and Scituate Public School districts for water treatment upgrades to remove per-…
Read MoreR.I. Infrastructure Bank Issues $41 Million Bond To Finance Narragansett Bay Commission CSO Phase III Construction
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has issued a $41,630,000 Clean Water State Revolving Fund bond, with $5,200,000 in principal forgiveness stemming from the Bipartisan Infrastructure Law (e.g., a grant). Bond proceeds will help finance the ongoing construction of the Narragansett…
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