In the News
C-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 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 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,…
Read MoreBristol 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 MoreR.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…
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