Posts by Greg Miller
R.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…
Read MoreFitch and S&P Give AAA Credit Rating To Rhode Island Infrastructure Bank
PROVIDENCE, R.I. – Rhode Island Infrastructure Bank today announced that leading rating agencies Fitch and S&P have both given AAA, outlook stable credit ratings to the Bank. “Receiving these AAA credit ratings is a testament to the strong financial foundation we have built, and Rhode Island Infrastructure Bank’s resilient fiscal condition,” said Executive Director William…
Read MoreNotice of Solicitations: Small Business Energy Fund Pilot Program And Technical Assistance
PROPOSALS SOUGHT FOR: Technical assistance for non-profits, and other private entities, to construct or make improvements to clean energy-related infrastructure and projects including but not limited to, those related to greenhouse gas reduction or elimination, zero-emission technology, clean transportation, clean heating, energy storage, energy efficiency, renewable energy, and demand-side management. OVERVIEW: Small Business Energy Fund…
Read MoreDEM RI Infrastructure Bank Solicit Communities to Apply for Financial Assistance for Water Improvement Projects
Rhode Island Department of Environmental Management – The Department of Environmental Management (DEM) and the Rhode Island Infrastructure Bank (RIIB) are encouraging Rhode Island communities that have identified needed water quality improvement projects to submit them for inclusion on DEM’s fiscal year 2025 project priority list (PPL). DEM’s Office of Water Resources (OWR) is reminding the public that such projects…
Read MoreBuilding a resilient Rhody requires an investment in infrastructure
The Boston Globe — With our shifting environment, communities must continue to adapt to better handle stormwater runoff and coastal storm impacts. Read the entire commentary from William Fazioli, Executive Director of the Rhode Island Infrastructure Bank, at the Boston Globe.
Read MoreInfrastructure 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,…
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